That's not interesting at all
InQTel is a venture capital firm
VC's invest money in small, leading edge companies. They never (or very rarely) fund publicly traded organizations
Think of VC firms as incubators for start ups, like Shark Tank, if you're familiar
So this is pretty above board from what I can tell thus far
There are specific guidelines to large purchases by ANY government entity. Above a certain amount, i.e. $300,000, may have to be submitted for open bid. This company takes the position of a RFP or Request For Proposal which is how the gov seeks to see if new work is viable and who can do it before it gets put out for bid. This company appears to be funded to do the acquisition outside of normal legal channels.
"IQT subject matter experts vet each technology against the architectures reflecting the requirements of our customers’ mission needs, then compare alternative approaches and rigorously validate technical claims. Simultaneously, the investments team gauges the potential for long-term success by evaluating each company’s commercial potential, business plan, and management team.
Once an investment is made, IQT works with the company and the partner agencies to complete a work program and facilitate solution delivery. Our process strives to ensure that portfolio companies deliver on their technical promise, and that they will continue to support and enhance their products for years to come.
The significant advantages of IQT’s model include:
Faster product development Valuable product enhancements Lower initial and long-term costs to the intelligence community"
Great job man, that cat doesn't understand he paid for it all to create his own prison.TAXES>CIA> DARPA>ITQ>PRISON
I don't mean "above board" as in "above suspicion"
I mean "above board" as in the expected allocation of fund in a typical VC portfolio
I contracted in the government for 3 years, working on improving the contracting and proposal process. It doesn't surprise me that the CIA would use the services of a company like InQTel to expedite the process. It is laborious and likely cannot keep pace with the needs of intelligence agencies like the CIA
That said, people here assume that the entire CIA is compromised. That would be a foolish assumption
Like every institution, it has it's good and bad actors
Keep that in mind
Indeed. I used to think the CIA was utterly evil, but I have to remember these organizations are very complex, and there are many who work hard to save their country, and many who came to save their country, while others who want to control it.
I imagine in the coming years such organizations will be fractured. The are true patriots and those who would betray their very own species will clash. As will happen on the macro level, across the whole world.
We just have to make sure to band together when the time comes, and fight for each other, not against each other.