34:58Y Combinator partners explain how they advise startups, what makes Silicon Valley valuable, and how YC approaches founders, applications, and investment. They emphasize founder determination, firsthand understanding of a problem, and the value of co-founders who communicate well and share equity fairly. The discussion covers YC’s support for international and nonprofit companies, the benefits and tradeoffs of joining at different stages, and why solo founders face extra challenges. Their closing advice is to act, stay close to customers and reality, and persist through difficult early years.