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Looks really good: one possible suggestion would be to allow sharing/reuse of indexes. Let me commit the built index to git and then have someone else checkout and use the index that was prebuilt.

One (potentially paying) alternative would be to provide a precompilation service. Not sure if your index generation can be parallelized, but potentially you could take an archive of the code (or pull directly from Github or Bitbucket or any other repo endpoint) then spin up a large EC2 instance (or the equivalent for your cloud of choice) and accelerate the generation of the index. For large codebases it may provide a good boost.

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