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Are you sure. They do seem to be pretty close https://www.cia.gov/library/publications/intelligence-history/in-q-tel https://www.cia.gov/library/publications/i
by killaken2000 9y ago
Are you sure. They do seem to be pretty close
https://www.cia.gov/library/publications/intelligence-history/in-q-tel https://www.cia.gov/library/publications/intelligence-histor...
- vadimberman 9y ago100% sure. Like your source says, it's a partnership between the CIA and the private sector. "Close" does not mean part of the organisation. The founder Norman R. Augustine isn't even a CIA person. It is somewhat similar to a spinned-off company which runs independently but has tight connections (and a contract, in case of In-Q-Tel) with the organization that spinned it off. * In-Q-Tel (theoretically) may have other contracts and major partnerships. * In-Q-Tel gets to pick who they invest into; CIA may express interest in a particular area or a company but In-Q-Tel manage their portfolios. * While In-Q-Tel is non-profit, the profits flow back and the employees may profit from it. Meaning, while part of the funds come from the CIA (taxpayers), part come from the past profits. More detail to those interested in law: https://scholarlycommons.law.northwestern.edu/cgi/viewcontent.cgi?referer=&httpsredir=1&article=1739&context=njilb https://scholarlycommons.law.northwestern.edu/cgi/viewconten....
- joering2 9y agoAll this sounds like a great coverup for a CIA company :)
- vadimberman 9y agoJokes aside, it's a great way of getting free money from the government without too much reporting to do. It's fairly unusual for the US, but similar structures exist in countries trying to nurture their startup ecosystem.