After nine years at the helm of Y Combinator, Paul Graham is stepping away from his leadership role at the famed Silicon Valley startup incubator. Taking over as Y Combinator’s president is Sam Altman, the entrepreneur who was part of the first YC startup class in 2005 and has worked as a part-time YC partner since 2011. The transition will be finalized next month, when the current Winter 2014 Y Combinator batch holds its Demo Day. After that, Graham will no longer head up Y Combinator’s day-to-day operations, such as reviewing applications and serving as a public face of YC. He will, however, continue to hold office hours with startups in the program.
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