TickerTain
TickerTain
NewsroomShortsPortfolioConvergence
NewsroomShortsPortfolioConvergence
$ANTHROPIC·$MA····$INTC····$BLUE-ORIGIN·$SPCX····$CRWV····$CRM····$MSFT····$NVDA····$ORCL····$CURSOR·$AAPL····$OPENAI·$AMZN····$UBER····$GOOGL····$META····$TSLA····$DATABRICKS·$PERPLEXITY·$LYFT····$NBIS····$TSM····$LITE····$ANDURIL·
$ANTHROPIC·$MA····$INTC····$BLUE-ORIGIN·$SPCX····$CRWV····$CRM····$MSFT····$NVDA····$ORCL····$CURSOR·$AAPL····$OPENAI·$AMZN····$UBER····$GOOGL····$META····$TSLA····$DATABRICKS·$PERPLEXITY·$LYFT····$NBIS····$TSM····$LITE····$ANDURIL·
←

jay v

T2 · manager / operator

Founder and CEO of OpenCode, an open-source coding agent with 4.6M weekly active users. Y Combinator alum (2021 batch). Has been building startups for 16+ years since university, including a serverless framework (SST) and consumer products. Technical founder with background in terminal UIs (Neovim/Vim user) and open-source development. Built models.dev, a comprehensive database of AI models and providers.

1 call·1 name·100% bull·last heard 2 months ago·Y Combinator
track record

no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY

top calls

highest conviction · one per company
1sthigh conviction
$OPENCODEOpenCode

OpenCode hits 13M MAU, 7T tokens/day, $40M ARR as neutral AI coding layer

OpenCode has achieved 20x growth to 13M monthly active users and 7T daily tokens by serving as a model-agnostic coding agent, capturing global demand for affordable AI coding via a $10/month subscription on open-source models and pay-per-token for frontier models.

Y Combinator2026-07episode →

most discussed · click a bar to filter

  • $OPENCODE

recurring themes

  • Open Source AI2
  • AI Coding Agents2
  • Enterprise AI Adoption2
  • AI Economics & Business Models2
  • Global AI Adoption1
1 total
$OPENCODE
OpenCode
HIGHjay v·Y Combinator·2 months ago·He Built the World's #1 Open-Source Coding Agent
OpenCode hits 13M MAU, 7T tokens/day, $40M ARR as neutral AI coding layer
OpenCode has achieved 20x growth to 13M monthly active users and 7T daily tokens by serving as a model-agnostic coding agent, capturing global demand for affordable AI coding via a $10/month subscription on open-source models and pay-per-token for frontier models.
"Yeah, yeah, I mean you mentioned the the weekly actives are monthly actives. I think we ended June with around 13 million or so. Um and that's around a 20x increase since the begi…"
1:32
9
Open Source AItailwind
Open-source models reach parity with frontier models for real-world coding tasks
Open-weight models (DeepSeek, GLM, Kimi, MiniMax) have closed the gap with frontier models, becoming good enough for real work and driving massive adoption globally, especially in cost-sensitive markets.
9
Open Source AItailwind
Open-source models are becoming commoditized utilities with specialization on cost/quality axes; betting the field beats picking winners
OpenCode's usage data shows open-weight models (DeepSeek, GLM, Kimi, MiniMax) have closed the gap for real coding work. Jay believes the market is large enough for labs to specialize — DeepSeek owns cost-efficiency, others will own other niches — making the application layer that aggregates them the durable value capture point.
8
AI Coding Agentstailwind
Coding agents are a generational shift; most developers globally haven't experienced the 'aha moment' yet
Jay V argues coding agents represent a once-per-generation platform shift comparable to mobile or cloud, and OpenCode's mission is to deliver that 'magic moment' to every developer worldwide, especially in emerging markets where $200/month subscriptions are prohibitive.
8
Enterprise AI Adoptiontailwind
Bottom-up enterprise adoption: Fortune 500s beg for security questionnaires after developers self-onboard via free tier
Enterprises adopt OpenCode organically — thousands of developers use it before procurement engages. Inbound requests are 'fill out our security questionnaire' not sales-led demos. This signals true product-market fit and a new enterprise GTM motion for AI developer tools.
8
AI Economics & Business Modelstailwind
Token-based CAC replaces ad spend as primary acquisition cost for AI apps
AI coding agents acquire users by subsidizing token costs (free tier) rather than ads, with unit economics working through volume discounts on inference and conversion of power users to paid subscriptions and enterprise deals.
8
AI Economics & Business Modelstailwind
Token economics flip: aggregators get volume discounts and margins; subsidized free tier is CAC, pay-per-token whales drive profitability
Frontier labs subsidize usage to get users across the 'token maxing' chasm; OpenCode instead uses a $10/month subscription on cheap open-source models for the mass market and pay-per-token for frontier models, earning margins via volume discounts on aggregated inference. Whales paying per token feed margins directly.
8
Enterprise AI Adoptiontailwind
Bottom-up enterprise adoption drives procurement via security questionnaires
Enterprises adopt coding agents organically through individual developers, then approach vendors for security compliance, signaling true product-market fit without traditional top-down sales.
8
AI Coding Agentstailwind
Coding agents represent unprecedented market for intelligence with positive-sum growth
The market for intelligence via coding agents has never existed before, creating a massive positive-sum opportunity where multiple players can grow the pie rather than compete for fixed share.