| Like the agency that founded it, the CIA-funded venture-capital firm In-Q-Tel operates largely in the shadows. It discloses little about how it picks companies to invest in, never says how much, and sometimes doesn't reveal the investments at all. Even less well-known are potential conflicts of interest the arrangement entails. Nearly half of In-Q-Tel's trustees have a financial connection of one kind or another with a company In-Q-Tel has funded, a Wall Street Journal examination of its investments found. See More Coverage » |
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