The article was not very clear. R&D ventures was an offshoot of R&D labs which is a seperate vehical entirely from TimeSpace and their early stage investments.

The article was not very clear. R&D ventures was an offshoot of R&D labs which is a seperate vehical entirely from TimeSpace and their early stage investments. The ventures team was created to monetize the work from R&D. However the group was not able to perform as well as they were expected to. In the end the team cost more than the revenue they produced.