JD Ross @justindross Twitter profile

Last Seen Profiles

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@BinorRaja

JD Ross

@justindross

2 years

WhatsApp had 35 engineers for 450 million users, and grew to a team of 50 for 900 million users. Twitter cutting to 2,000 employees from 7,500 is not a "skeleton staff"

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@justindross

3 months

Paternity testing is illegal in France to "preserve family peace" this is the most French thing I've ever heard

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@justindross

3 years

Google’s greatest evil is grooming brilliant 22 year olds into becoming complacent careerists instead of ambitious founders who might one day compete with them

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@justindross

4 years

5 years ago today, the greatest headline ever written as Jack took over from Dick C at Twitter

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@justindross

1 year

The person in charge of quantum computer aesthetics deserves a raise

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@justindross

2 years

Americans on Twitter: As we all know, America is broken and democracy is crumbling. In these troubled times… Our landscaping guy, an immigrant:

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@justindross

2 years

Twitter is so badly run that they bought Vine and then shut it down and then TikTok became bigger than Twitter, Facebook and YouTube

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@justindross

4 months

Olive Garden serves as a living reminder of how bad all American food was in the 90s until millennial hipsters upgraded everything to above European standards

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@justindross

4 years

Twitter stock is down because they ensured that every country outside the US is going to severely regulate or replace them. Imagine the UK allowing an ideological San Francisco company to control the BBC. Will India be ok with Twitter having authority to de-platform Modi?

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@justindross

4 years

Jeff Bezos’s letters are better than any MBA He’ll teach everything you need to know about developing high standards, and it doesn’t even take him two pages

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@justindross

4 months

Apple using Apple Silicon in its own data centers (not nVidia chips) to power Apple Intelligence Very interesting, and getting little attention so far

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@justindross

2 years

Some of our engineers just told me they’d estimate 40% of the lines of code they produce are now written by the Github CoPilot AI

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@justindross

3 years

Startup formula: Take something rich people love and make it accessible to everyone using technology

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@justindross

4 years

Amazing how quickly tech twitter went from “cities are the engines of human progress” to “I’m leaving SF/NY to live the pastoral life on a farm in Wyoming. See you on Zoom”

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@justindross

5 years

I will pay more in property tax this year as a new owner than my next door neighbor has paid in TOTAL since they moved there in 1965. That's California's Prop 13. It's a massive wealth transfer from the young to the old, many of whom rent their homes and keep the profits

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@justindross

4 years

San Francisco has: - Terrible property crime - Thousands of street homeless - Terrible public schools - 2nd highest rents in US - Highest tax rate in US And spends over 3x per citizen of median US city—second only to DC! Enough is enough. Defund the whole city and start over

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@justindross

3 years

I’m starting a new company with @3LAU , my best friend since college We’re making it possible for artists to share ownership in their music directly with fans and earn royalties alongside each other, sidestepping traditional middlemen It’s called Royal —

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@justindross

11 months

Also I don't care if he was involved or not but Adam D'Angelo has sucked forever He was Seed investor in Opendoor and his first act as investor was to try to counter-sell our 2nd engineer to join Quora instead: "I mean, I invested and I don't think it's going to work" F him.

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@justindross

2 years

Everyone who thinks $54.20 a share is too little for Twitter: you can buy as much as you want, right now, for only $45 a share! Huge personal profit opportunity!

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@justindross

5 years

RenTech is a tiny group of mathematicians that produces around $6 billion in cash flow per year on $10 billion in investments. Goldman Sachs has 36,000 employees and produces around 11 billion, for context

The Long View

@HayekAndKeynes

5 years

Renaissance technologies returns.... ~40% net after 5/44 fees.

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@justindross

1 year

Just got some quotes: 2 x 20'x10,000' sections of Stainless steel mesh netting: $1,600,000 360 x 20' metal struts: $50,000 Support brackets: $50,000 100 gallons of orange paint: $5,000 Labor: $398,000,000

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@nearcyan

1 year

cost disease kills

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@justindross

5 years

In two weeks, telemedicine regulations have accelerated by a decade: - Doctors can perform across state lines - Doctors can email and video chat with patients in compliance with HIPAA - Medicare and insurance co's quickly approving new reimbursement categories What else?

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@justindross

2 years

Moderation at companies like Facebook is largely outsourced to firms like TaskUs and seems to work better than Twitter's We will learn quickly just how efficiently these companies can be operated.

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@justindross

3 years

I swear AWS is more reliable than 99% of blockchains

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@justindross

5 years

We're living in a world where presidential candidates are allowed to just say bullshit and nobody cares - JP Morgan Chase didn’t want/need bailout money - Sec. Treasury made them take it & rescue Bear Stearns - $25B, not $416B - Paid back profitably - Prevented huge depression

Bernie Sanders

@BernieSanders

5 years

That's funny. Jamie Dimon seemed fine with corporate socialism when his bank got a $416 billion bailout from American taxpayers.

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@justindross

2 years

"wHaT aBoUt SaLEs?" Twitter has $650k in revenue per employee vs $1,600k in revenue per employee for Google (which is also notoriously overstaffed)

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@justindross

3 years

I don’t believe in a/b testing in startups It’s a crutch for product teams, it excuses incomplete & poor thinking, and it takes all pressure off developing good judgment and customer intuition. Fine if you have millions of users, not when you need to put zeros on the dashboard.

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@justindross

2 years

The next 6-8 weeks is going to be a bloodbath. I'm hearing rumors about a ton of companies preparing to lay off 20-40% of their team

delian

@zebulgar

2 years

sign of the times i now hear about layoffs more often than new rounds

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@justindross

3 years

Being famous seems the worst kind of success imaginable

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@justindross

3 years

NFTs have 3 “explainable to normal people” use cases I’ve seen so far - Club memberships that are transferable & re-sellable without permission of the club - Certificates of authenticity / receipts - Distributed global IP ownership & licensing source of truth What else?

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@justindross

2 years

I tried to switch to Bing and it was terrible is everyone high

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@justindross

2 years

Opendoor Q1 🤯 - $5.2B revenue, up 590% YoY - $535M gross profit - $176M adj. EBITDA, $99M adj. net income - $28M GAAP net income All while maintaining NPS of 80. Congrats to the team on the first GAAP profitable quarter! $OPEN

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@justindross

2 years

Why did Twitter shut Vine down? Vine cost relatively more money to run the service and finance prioritized about efficiency at the time, they didn’t know how to monetize Vine, and they were building Twitter native video which seemed competitive. Hilariously bad product instincts

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@justindross

3 years

Insane how little American journalism is done on Chinese progress. The average American doesn't realize how uncompetitive or at parity we are, and still thinks China just creates things with cheaper labor. Failure of NYT, etc.

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@justindross

3 years

Less than 0.2% of artists on Spotify make $50,000 a year from it

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@justindross

3 years

Did any successful startups start at a pitch competition? i’ve never heard of it

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@justindross

4 years

Endorsing my enemies for Powerpoint on LinkedIn

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@justindross

2 years

hot take- SF is good for dating It’s easier to see who’s hot in a room full of (mostly) smart people than to suss out who’s smart in a room of hot people

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@justindross

6 years

I pictured the Manhattan Project as a small secret startup during the war A group of wily scientists smashing uranium together in the desert Turns out it was 130,000 people and cost 2% of GDP

Manhattan Project - Wikipedia

en.m.wikipedia.org

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@justindross

2 months

What are the worst instances of regulatory capture? Car dealerships, The "3-tier" alcohol sale system, title insurance, Pharmacy Benefit Networks (PBMs) & Health insurers, Elsevier journals & grant money... what else?

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@justindross

6 months

TSMC forecasting a 1000x improvement in GPU performance per watt over the next 15 years. Coupled with major algorithmic improvements we're quickly seeing every week, it isn't crazy to expect 100,000 to 1,000,000x increase in AI performance per dollar in the next decade and a half

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@justindross

3 years

If SpaceX didn’t exist the US and world would have long and completely ceded space access to China and Russia. Crazy to think about implications of this

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@justindross

11 months

The world’s 3rd best SEO spammer, a former Tesla sr product manager, Joseph Gordon-Levitts wife and a DC policy flak walk into a bar and say “you know what, I bet we could totally run OpenAI”

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@justindross

6 months

If we had continued to build nuclear reactors at the Nixon era pace, the US would have energy almost too cheap to meter. And China might have adopted our evolved nuclear tech further down a cost curve than we ever achieved, so the global would be warming far less.

Christian Keil

@pronounced_kyle

6 months

Wrong. We can and do un-discover technologies. It has been: ▸ 20 years since a commercial plane flew supersonic ▸ 30 years since America brought >1 nuclear reactor online in a year ▸ 50 years since astronauts have gone beyond Low Earth Orbit

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@justindross

1 month

Under what legal theory could France arrest the telegram founder but not Mark Z or Elon?

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@justindross

3 months

@jordnb this is possibly the single least leveraged and most difficult way to make his ASI bet

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@justindross

3 years

the best feature of AirPods is the tiny jet pack deep inside the case that triggers when you drop them

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@justindross

4 years

Steve Jobs died so young, he would have only been 65 were he still alive today. It’s strange knowing that the world would be noticeably different if he hadn’t died, but having no idea how

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@justindross

2 years

Wow, I just started using the coinbase wallet and it is like jumping 5 years into the future vs metamask. Shows assets across all chains without configuration, including NFTs. It's fast. Bridging USDC between ETH and Polygon is ~free. Just a massive step up in UX

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@justindross

4 years

It’s possible the COVID-19 pandemic saves humanity by preparing the world for a far more deadly future virus This test case killed less than 1% of the infected & led to the infrastructure to rapidly develop and deploy mRNA vaccines worldwide

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@justindross

2 years

You have to imagine Larry & Sergei are realizing that, in this Act, Google is playing Bell Labs and Microsoft is still playing Microsoft

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@justindross

5 years

Do you use your phone in your dreams? I just realized I never do. Pretty weird

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@justindross

4 years

The future of work as I see it: - Management teams working together in offices in tier 1 cities - Sales teams colocated in pods in tier 2/3 cities - Engineering, product, support, accounting, legal, finance all remote distributed teams

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@justindross

4 years

I can't find a single positive news article on the Instagram acquisition at the time it was announced. Every single one talked about how $1B for a 13 person company with no revenue was proof of a new internet bubble

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@justindross

5 years

Stanford researchers concluded you can disinfect N95 masks and make them reusable by: - placing above boiling water in vapor for 10 minutes, or - heating a used mask at 158 Fahrenheit for 30 mins in an oven Amazing how quickly we learn and adapt

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@justindross

5 years

Young people are anti-capitalist because we have made it impossible for them to accumulate capital. Paying off college loans today is the equivalent of paying off your college loans, putting a down payment on your house and then paying off the whole mortgage in the 70’s

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@justindross

4 years

Visiting Miami right now and I think I’ve seen more people from SF here than I saw in SF last year 😂

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@justindross

3 years

idea: all government spending should be presented as $-per-taxpayer 10 billion dollars in infra = $70 per taxpayer owed in future taxes our 30 trillion dollar debt? $230,000 per taxpayer that eventually comes due

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@justindross

4 years

I want to tell a quick personal story about @rabois , mentorship and making bets. There are hundreds of people who can tell a similar story, but indulge me.

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@justindross

4 months

@smuglydismissed 1) I have no idea if this is true and I don’t think you do either 2) they were way worse, especially than the amazing independent cafes and restaurants across the country today

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JD Ross

@justindross

5 years

“It’s a marathon not a sprint” Have you seen a marathon winner? They sprint the whole time! That’s what you’re competing against

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@justindross

6 years

- We gutted a generation’s savings by issuing dumb credit for overpriced homes until ‘08 - Then we loaded up their kids with student debt for valueless degrees to pay for university bureaucrats - Now nobody has money and it is going to slowly crush our economy

NPR

@NPR

6 years

Spending habits of millennials, who are about 21 to 37, are often blamed for killing industries. But a new study by the Fed backs up the idea that it's less about how they're spending — and more about them not having money to spend.

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@justindross

3 years

Startup tech stack I used to automate most admin starting Royal: - Bank: @BankMercury - CC & Bill Pay: @tryramp - HR/Benefits/IT: @Rippling PEO - Stock: @cartainc - Payments: @stripe plus Google suite, Slack, Notion, Linear eng: Github, AWS, Alchemy, Render, Sentry, Datadog,etc

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@justindross

4 years

I don’t care about these stocks, but I care an enormous amount that my brokerage is a neutral platform that can execute any trade I want it to, when I want. #deleteRobinhood

JD Ross

@justindross

4 years

Wow, Robinhood has blocked searches for AMC, GME, BB, NOK and NAKD.

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@justindross

3 months

This is terrible for my SEO

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@justindross

6 years

San Francisco is an ongoing experiment to test the limits of a talent network effect against a regime that hates business

Adam Nash

@adamnash

6 years

Wow. Unbelievable. San Francisco proposes to ban workplace cafeterias. 😳

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JD Ross

@justindross

5 months

Couldn't help but notice the grade scale in this Math Class: A = 80-100 B = 60-79 C = 40-59 D = 20-39 F = 0-19 Where I went to high school, a 65% was an F

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@justindross

11 months

Israel is losing the information war so badly because it's easy to frame strength as evil and weakness as good. We've lost our fundamental ethical reasoning. Wars aren't about sustaining equal suffering, they're about winning. Israel is done letting Hamas terrorize their

M ❀ ◓

@yurisasusaku

11 months

I’m begging you guys to please PLEASE check snap maps. Look at the difference between the living conditions just a few miles away. The people of Gaza are posting these publicly for us to see and share. Please listen to them. These are all from today. You can check yourselves

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@justindross

7 months

My roommate for 2 months in Mountain View graduated in 2013 at went to work for Nvidia which seemed cool in a retro way at the time… I wonder which yacht he lives on now

Deedy

@deedydas

7 months

If you graduated in 2013 and took a job at Nvidia with $400K equity over 4yrs, just that equity (no refreshers) would now be worth... $100 million! This is not a joke. The stock ~250x'd in 11yrs.

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@justindross

4 years

Apple did $111.44 billion revenue in 3 months. That's nearly California's annual budget. It's 2% of the entire US GDP.

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@justindross

11 months

I wish Israel didn’t need to take military action in Palestine. I wish that every Palestinian could live a life free of fear for themselves and their families. Where in the Israeli charter does it talk about the removal of Palestinians from the earth? because it’s in the

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@justindross

11 months

The younger generation thinking they’re deprogrammed while being *extremely programmed* by discourse over reality is the scariest thing I’ve witnessed through all of this

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@justindross

4 years

I hope I’m wrong but in order of likeliness I think the next 10-15 yrs is: 1. US war with China, China ascends. 2. No hard war but US fades into second place globally, like EU today. 3. US turns corner. We build skyscrapers in 14 days, a green grid, etc. How do we invert this?

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@justindross

4 years

The whole point of technology is that value isn't tied to effort or time

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@justindross

4 years

Public unions should be illegal. They’re unaccountable to voters and citizen who pay them, and only exist to serve themselves against the public interest

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@justindross

11 months

I'm marrying into a farming family, and this is true. Try succeeding in this business: - High CapEx to start - 5% target return on equity and 1/3 of the time you lose a lot of money. If you lose 2 years in a row, your business dies - Wages increase every year, but your prices

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@justindross

4 years

San Francisco's safe places to live are high on the steepest hills, just like other medieval cities

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@justindross

3 years

As the founder of a company that relies on crypto to enable its mission, I find most of the crypto project scene extremely corny and directionless It has the optimism of 2010’s tech, but little of the honesty in mission — it really feels like it’s all about the money

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@justindross

4 years

A good early stage PM should be an editor of other teammates’ work and ideas Steve Jobs wasn’t a designer, nor Elon a car/rocket engineer For a long time, Square called PMs “Product Editors” and I think that’s a better title. I wish it stuck

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@justindross

19 days

I'm into so many things that 20-30yr old me thought were horrible or banal like suburbs, racket sports, dinner parties, gardening, pets Now I'm confident I will eventually want the things 40 and 50 year olds love that I don't care about right now. Useful for orienting life

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@justindross

4 years

This is not a normative judgement on the actions Twitter or other companies took against Trump's account and others, it's just the second order consequences of those decisions

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@justindross

3 months

OK, he gets my vote

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@justindross

5 years

Facebook: <never sells personal info, just targets ads to you> Populist: BURN IT DOWN, JAIL THE CEO! Gov’t/DMV: <literally sells your personal info to marketing agencies without permission for $50m/yr in CA alone> Populist: Give us bigger government!

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@justindross

5 years

The future is built, not discovered

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@justindross

3 years

Stripe would have never had these issues if they had just lowered Patrick’s salary to $70,000 and made it the company minimum wage

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@justindross

4 years

It’s actually hard to be as consistently wrong as Scott Galloway is. An untalented person is a coin flip, but he’s wrong 99% of the time!

Scott Galloway

@profgalloway

4 years

#Calm is one of those companies that when the funding & cheap capital runs out, it's not going to be so calm

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@justindross

4 years

This is an incredibly tragedy for America. We just shut down skilled immigration into the US, and prevent existing skilled workers from changing jobs. Many of the most talented people I know are here on H1-B and J visas

NPR Politics

@nprpolitics

4 years

JUST IN: President Trump plans to sign an executive order extending to January a pause on issuing “green cards” to new immigrants -- and will also halt temporary work visas for skilled workers, managers and au pairs in the H-1B, H-4, H-2B, L-1 and J categories.

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@justindross

5 years

The Google APM program literally rejected Instagram founder & CEO Kevin Systrom, arguably the best product creator of his generation

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@justindross

4 years

Enough is enough, it’s time to import a few hundred thousand goats and take care of this California dry fuel fire problem once and for all

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@justindross

3 years

New car production is limited, so the price of used cars has skyrocketed. In case anyone in housing policy roles follows me, this is precisely what has been happening with housing for decades. Affordability requires unhindered construction

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@justindross

3 years

That $6.4 trillion we spent on war post 9/11 is about $85,000 per American family

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@justindross

5 months

we are living in an age of miracles

mRNA Cancer Vaccine Reprograms Immune System to Tackle Glioblastoma

In a first-ever human clinical trial, an mRNA cancer vaccine quickly reprograms the immune system to attack glioblastoma.

www.insideprecisionmedicine.com

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@justindross

3 years

Young people shouldn’t want to invest as a career. It’s like eating candy. The first piece is delicious and the tenth piece is disgusting and your teeth are rotten. Touch the metal. Change the world

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@justindross

4 years

Everyone talks about all these newfangled web technologies, buuuuut the last $100B dollar company was built on PHP, and the last $75B company was built on Rails

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@justindross

4 years

SF Supervisor: The Tenderloin is one of the most dangerous places to walk... Citizens: Yes, finally! Criminals and the violent mentally ill are everywhere, and drugs are sold and done openly. Clean it u... SF Supervisor: ...because cars there turn right on red!! Citizens: 🥲

Matt Haney

@MattHaneySF

4 years

We've made progress, but the Tenderloin is still one of the most dangerous places to walk, w every street on high injury corridor. We must slow traffic and better separate people crossing from cars turning. There should be no right turn on red & 20 mph speed limits in the TL.

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@justindross

4 years

I never made $100k salary in my career until year 5 at Opendoor (No I didn’t have a family to support, and yes my friends all made fun of how cheap I was)

Auren Hoffman

@auren

4 years

after making 140+ angel investments, the only criteria that seems to be correlated with success is the founders’ cash compensation. the lower the cash comp over the first four years, the higher the likelihood of success. I’m not sure why.

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@justindross

3 years

The existence of Nest’s scheduling system is all the proof I need that Steve Jobs was right to keep Tony Fadell as far away from software as possible

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@justindross

5 months

I wasn't aware you could hire the cofounder of Instagram, but here we are

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@justindross

3 years

Remember in 2011 when Peter Thiel said college wasn't worth it for most Americans, even at the top schools, and everyone hated him for that? .

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@justindross

4 years

“Being in Silicon Valley is like living in Florence during the renaissance” proclaimed Steve Jobs frequently, but it was stolen from the back of the menu at Il Fornaio in Palo Alto! - shared by Mike Slade on Clubhouse: Steve Jobs Stories

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