488 karma · joined January 31, 2013
The $10k investment will be via a post-money SAFE at a $1-5M valuation with pro-rata rights.
The requirements for the startup are:
1. The startup must have raised a minimum of $50K USD (50% can be founders capital)
2. At least one of the startup’s founders relocates to Silicon Valley for a minimum of 1 month in April 2025 and all founders have plans to be based here in the long-term.
3. The startup is currently based outside of Silicon Valley
4. Are a US based entity (Delaware C-Corp preferred)
What you get:
1. February 2025 - 8 week program to help you prepare your startup for relocation to Silicon Valley
2. April 2025 - relocate to Silicon Valley for a minimum of 4 weeks during which Intersect will help you raise a pre-seed round, find customers and release your product.
3. We are partnering with accommodation providers and co-working spaces to get you affordable options for living here for a month - but there are no obligations to use these options.
4. There are no obligations to use any Intersect services or products
Please comment below your one-liner and I will reach out to you with more information. If you know a startup that might be a good fit, please tag them below.
We are doing this because:
1. Getting a startups off the ground is really hard and its a problem I have faced many times
2. It's just a good investment opportunity for the arbitrage between startups outside of Silicon valley and those in Silicon valley
3. Intersect might get some customers out of the program but that isn’t the primary driver
We'll record and share a video looking at your page and suggest improvements. The only caveat is that we will post the feedback in the comments as well.
Please comment your URL if you would like a design review.
This is day 23 of building Intersect
P.S. Intersect will be releasing its new site built from the ground up in the next 2 weeks (think Apple).
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.)
I have taught 100's of students previously and here are some comments from former students:
"Anindha has been by far the best teacher i have encountered, from content to delivery and outside of hours support he has gone way above expectations. He explains complex programming concepts in easy to understand and digestible ways."
"An enormous fount of knowledge and the masterful teaching skills to pass on, Anindha’s commitment to delivering high quality materials, and his dedication to his students are beyond comparison. His elegant programming techniques will improve your coding not only in the subject at hand but throughout your entire work."
"Anindha is a great teacher. He is able to break down and explain difficult concepts in a way that not only makes them easier to understand but also memorable! His teaching style is engaging and interesting. He has helped me a lot on my learning journey as a software developer."
I am offering a 50% discount for the next week using the coupon code EARLYBIRD50 (normally $500).
Tocky is a fully featured video conferencing software with the following features: - browser-based using WebRTC - supports up to 8K video resolution - all users in a room can simultaneously screen-share - optimized matching system for allocating users into breakout rooms so that matching is biased towards meeting new people - different modes for presentations, collaborative working, and matching - Google or email magic-link for authentication - share an event link for easy join
It was so obvious that bricks should have slots so they fit together like Lego. Why didn't anyone else think of that?
Come work on large scale greenfield open source projects. Early stage VC funded.
Apply here: https://www.linkedin.com/jobs/cap/view/1681078617/
Say there is one hotel room and the alternative is sleeping on a park bench. The cost of the hotel room is 1 BTC. The price of Bitcoin is peggged to the perceived value of the room by the market.
The reason why currently the price of BTC is rising without goods being traded is speculation by investors that this will be possible in the future.
This is the equivalent that it costs $10 a night to stay in the hotel room but in 2 days time it will cost 1 BTC. If BTC is trading at $5 USD then it will be a good deal to buy BTC today as long as I have enough money that I’m not homeless in the interim.