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JD Ross
@justindross
I take the side of people who build. Started WithCoverage, an applied AI lab modernizing risk & insurance. Co-founded Opendoor $OPEN
938 Following    42.8K Followers
The American energy industry is on the verge of calamity. For the last 20 years, energy growth has flatlined while hundreds of power plants were retired. Power bills are up 29% since 2019. In July, the Department of Energy declared a “power emergency” for 67 million people. America almost solved this problem 50 years ago: via nuclear power. Then, in pursuit of maximum safetyism, we choked it off. The Department of Energy’s @SecretaryWright told us, “the nuclear industry started out with a bang, got smothered by the government… and now has been bottled up and pushed away.” One industry insider said: “You weren’t allowed to say the word ‘nuclear’ in the Biden administration for the first few years.” Now, thanks to the efforts of less than 40 government employees — and an historic collaboration between career civil servants and DOGE — we’re turning the tide. On July 4th, four companies took nuclear reactor designs “critical” (i.e., tested them), setting us on a path toward a nuclear renaissance. Here, the exclusive story of how this happened, featuring interviews with Energy Secretary Chris Wright (@SecretaryWright), Adam Blake (@adamblake), Seth Cohen (@OverReactor1776), Rian Bahran at the Department of Energy, and Stephen Miller’s deputy, Emily Underwood (@emundz42). It may take time to notice the effects in your power bill. But the decades of stagnation, fear, and absurd overregulation that have plagued nuclear for the last half-century are now (thankfully) over. Full story from @eventidia 👇
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Suddenly everyone wants to sell insurance!
Sequence Holdings + DFO in the biggest AI transformation deal ever. Just getting started
Self driving just works now. I genuinely couldn’t tell you what those 200 miles of non-self driving could possibly be
I just bought a new Model Y and can confidently say cars and Teslas are no longer the same product. A car is like a pony or horse. I still like driving a stick shift, it’s fun! Tesla with FSD is a transportation robot. I had one of the first Model 3s in 2017. FSD was basically slightly better cruise control. Great on the highway. But honestly felt oversold. So I have been driving a BMW for the past 3 years. Great horse, fun to drive. But tried FSD recently and holy shit — it’s a personal Waymo. Works perfectly. I just went to the Fremont factory to get my new car, entered my address 30+ mins away, pushed a button, and got home without doing a thing. I don’t think most people realize how good this is, probably because they only experienced an early version previously. This is 1000x better. Metaphor for AI writ large. Like trying GPT 3.5 and thinking it’s cute and hallucinates, and dismissing it…while Astra launches in 2026 and is orders of magnitude more capable.
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Engineers are being misled by companies playing games with metrics. One company claims "$80M ARR, valued at $1.5B." Look closer: - "$80M ARR" = last month's usage billing × 12. No contracts. - 75%+ of that revenue appears to pass-through to other providers. - "$1.5B valuation" = an acquisition offer they say they received. No transaction at that price. The honest pitch would be: "We're at ~$18M of annualized net revenue and grew 20% last month." That's a great business. Why pretend it's something else?
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My Opendoor cofounder is automating one of the hardest parts of building Opendoor with AI
I co-founded Opendoor ($10B+ rev). Today, I’m launching Summation. We raised $35M from Benchmark & Kleiner Perkins to build an AI analyst you can trust. Here’s where Claude and ChatGPT fall short: 🧵
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This startup brought Starlink to the US Open to give free WiFi to the entire place. They just plugged it in and now everyone sees their branding. Genius.
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This is what young people should be protesting in the streets.
nearly 40% of the US federal budget already goes to people 65+, despite the fact that they are 18% of the population and owning over 50% of US wealth
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Opendoor mortgage is out of beta. The most AI pilled mortgage product designed to help average Americans become homeowners. A fair and honest rate. Built to cost less.
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Was just discussing this with a friend who runs a huge construction firm. If not for data centers, their business would be in freefall right now, and all their trade contractors would be looking for work
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Absent the datacenter buildout campaign we would be in a sharp recession
Part of the long tail of the asinine Mangione spectacle is that now when you see a headline like this, you can predict what the comments will be. I also think it’s a choice to describe Erin as a BoA VP, and not, as she was, a new mom who’d just returned from maternity leave.
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If you want evidence that capitalism is a force for good, just visit a grocery store. My ode to the humble American supermarket, for @WSJFreeEx
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NYT attack on @JTLonsdale: he's an outsider, tough on violent criminals, defends capitalism, rails against the status quo, and isn't politically correct. Also NYT: somehow he's the most effective change agent in homelessness today.
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Indiana & Michigan Power (I&M) has asked Indiana's state gov if they can lower rates because they're making so much money from data centers and they want to pass savings on If the state approves, customers will see $100 cut from annual bills, which they'll freeze for three years
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34% per weekday is around 500X growth per month
Right now, traffic is compounding at roughly 34% per weekday. It’s early, but the product is useful and the growth curve is as steep as any I’ve seen.
Literally Idiocracy playing out. High IQ demographics (incl Chinese, South Korean, Japanese) have had far fewer children for decades. So much that the total number of high IQ people (not just the ratio of smart to dumb) has collapsed worldwide.
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That’s a civilization ending statistic. What are we we even doing.
Doing an AMA over on /r/ExperiencedFounders, come join in Would love to talk to any founders who are early building, future founders who are figuring out what to build, or anyone curious about building an entrepreneurial career.
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I have no idea if these new crop of companies will work or be successful, but I am so happy that this scale of ambition is what the next generation of founders is tackling
Today, we’re launching Meteoric (YC S26). Our drones clear clouds over solar farms to increase their annual output by 10-30% without using any chemicals. Ultimate target: weaken severe storms and hurricanes.
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I actually agree – passing a CA wealth taxwill bring capital and high paying jobs to many non-California communities in America! Great founders should invest in communities that want to build the future, not harvest the past The 2020 wealth tax proposal trigged my move to Austin. Not because I would be affected, but because it was clear they didn't want great things being built in California anymore
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Mark, most of the 250 billionaires in California DO NOT have this liquidity issue. They have public stock. In your scenario, the founder could sell to pay a one time 5 percent tax or the state could sell it if he defaults on the loan. Ask Jensen, Lisa Su, Sundar if they plan to leave California if this ballot initiative passes. Btw 85 percent of the nation's VC money came in Q1 2026 to California. I love your passion. I respect your intellect and ability to get things done. Why not put this energy in figuring out how we bring capital and high paying jobs to every community in America? Why not put it towards figuring out the policy that expands childcare or healthcare (as you are working on reducing drug pricing)? Of all the things in America, aren't those more pressing issues than a one time 5 percent tax on 250 billionaires to pay for healthcare for poor kids and families in California?
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A competitive insurance broker was lying about us while we were getting off the ground. Bad enough that we had our lawyer send a C&D letter with evidence. But it really pissed us off! Just learned he went out of business ¯\_(ツ)_/¯
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