This is no easy feat. Solving technical problems at scale is incredibly complex.
So, how do we do this?
Two phases:
1. Build core software and infrastructure solutions for startups to solve their most challenging technical problems - giving the startup a perpetual license to the IP, and retaining the IP for future projects.
2. Apply our repository of software to similar problems startups face. Over time, this allows us to be the fastest option for startups looking to solve challenging technical problems.
In other words, we use Palantir-like services to build a core suite of core software products that can be reused across projects.
This allows us to be faster, cheaper, and higher quality.
The number one question we get is would a startup be comfortable allowing Intersect to own part of the IP developed during a project - and our answer is that most technology companies don’t mind that they don’t own the IP for their database, web framework, or payments infrastructure for example - and there are many core components in the same bucket.
Intersect's long-term goal is to be the number one place founders turn to build out core software and infrastructure. We want to be a software and infrastructure layer that powers the next generation of tech.
Our first products are a full text search that is 200x faster than Postgres, the lowest latency sync system available, and a video-conferencing platform.
If you are a startup with a tough engineering problem - please reach out.
Secondly, we are announcing our purchase of the domain intersect.com but holding off on the details of the acquisition for the time being.
Thirdly, we are launching a community for engineers and founders solving hard engineering problems in the SF Bay Area: https://www.intersect.com/community
(Photo below of Intersect’s founder @anindha (0000) and @maxmarchione, our first investor (1000). All investors in this round will have a number starting with 1 and all team members with 0.)