"The publication reports that the Initiative is leading a $24 million funding round for the New York-based start up, in which GV, formerly known as Google Ventu

"The publication reports that the Initiative is leading a $24 million funding round for the New York-based start up, in which GV, formerly known as Google Ventures, is also involved." So, what's the difference between it and other VC companies, besides being controlled by a single person?