since I find Mr Geer's commentary among the most interesting and
   informed of all those on this list (very odd to even suspect him of
   trolling), I investigated what you wrote, and here's what I found.
   your own quotation notes that IQT says "our model is unique." "unique"
   because they do not consider themselves a venture firm. that same
   paragraph (read whole thing at [1]https://www.iqt.org/about-iqt/) ends:
   "for each dollar that IQT invests in a company, the venture capital
   community invests more than nine dollars." clearly, IQT does not see
   itself as part of the VC community.
   the reasons for this look relatively straightforward: IQT is a
   not-for-profit, and VC is built exclusively around making direct
   financial profit from its investment. a not-for-profit VC is almost a
   contradiction in terms, since "profit" and "venture" in this context
   mean almost the same thing.
   Practically, VCs have, as a rule, a hands-off if perhaps mentorly
   relationship with their investments. that page makes clear that IQT
   gets directly involved with their partner companies, probably including
   technologists and technologies.
   this list discusses matters of great detail and legal import
   frequently, and precise accuracy in these matters strikes me as
   essential.
   i am not endorsing what IQT does, or the correctness of Mr Geer's
   statements, and I have no remote connection with any of the parties or
   their services, but am very interested in the record being kept clear.
   On Tue, Aug 12, 2014 at 11:08 PM, Alfie John <[2]alfiej@fastmail.fm>
   wrote:

     What a weird statement to make (not sure if trolling). From In-Q-
     Tel's website:
       "We identify and invest in venture-backed startups developing
       technologies that will provide “ready-soon innovation” (within 36
       months) vital to the intelligence community mission...
       As a strategic investor, our model is unique. Our investments
       accelerate product development and add mission-critical
     capabilities
       with the sole purpose of delivering these cutting-edge
     technologies to
       IC end users quickly and efficiently."

References

   1. https://www.iqt.org/about-iqt/
   2. mailto:alfiej@fastmail.fm