Materials presented in chronological order.
Ignatius,
David. "The CIA as Venture Capitalist." Washington Post,
29 Sep. 1999, A29. Washington Post National Weekly Edition, 4 Oct.
1999, 26.
"The CIA has decided to create its own venture capital firm, called 'In-Q-It' [later changed to In-Q-Tel], to help the agency connect better with the Internet revolution. The fear at Langley is that in a world of start-ups and instant millionaires, the CIA isn't getting technology's best and brightest anymore. So the spymasters have opted to create their own start-up.... The idea is for In-Q-It to fund promising technologies that can help the CIA keep pace with the information explosion."
Markoff, John. "C.I.A. to Nurture Companies Dealing in High Technology."
New York Times, 29 Sep. 1999. [http://www.nytimes.com]
"Hoping to insure that the nation's spies have the latest information technology in the rapidly changing Internet age, the Central Intelligence Agency has established a venture capital company to nurture high-tech companies, company executives and former C.I.A. officials said....
"[T]he agency has named its new nonprofit venture In-Q-It, in a reference to Major Boothroyd, a.k.a. Q, the master technologist whose basement laboratory develops advanced gadgets for the fictional British super-agent. It will be headed by Gilman Louie, an executive in the Hasbro toy company's online business group.... In-Q-It is being financed with $28 million appropriated last year by Congress as part of the C.I.A.'s budget.... The company will seek joint projects and investments in crucial technology areas."
Glave,
James. "Valley VCs to CIA: 'Huh?'" Wired News, 29 Sep.
1999. [http://www. wired.com]
It is the opinion of some venture capitalists and policy watchers that "[t]he CIA's new venture capital project isn't going to come up with anything that the free market won't do on its own." Gregory Barr of Fleet Equity Partners "said that the agency should stick to the current scheme of contracting out for products. 'It seems like they would only add layers to [the procurement bureaucracy],'" he said.
MacIntyre, Ben. "CIA Gets 'Q' Firm to Build Its Espionage Gadgets."
Times (London), 30 Sep. 1999. [http://www.the-times.co.uk]
Loeb, Vernon. "Wall St. Wiz Is More Than CIA's Cyber-Eye." Washington
Post, 7 Oct. 1999, A33. [http://www.washingtonpost.com]
A year and a half ago, DCI George J. Tenet "brought in Wall Street heavyweight A.B. 'Buzzy' Krongard to serve as his 'counselor'.... The man who helped underwrite Microsoft and AOL as head of Alex Brown & Co." is now "helping Tenet & Co. start up a CIA venture capital firm called In-Q-It that's supposed to keep the agency abreast of computer technology."
Strobel, Warren P.
"The Chip from U.N.C.L.E.: The CIA Eyes Silicon Valley Brainpower."
U.S. News and World Report, 11 Oct. 1999, 55.
Brief report on forming of In-Q-It.
Yannuzzi, Rick E. "In-Q-Tel:
A New Partnership Between the CIA and the Private Sector." Defense
Intelligence Journal 9, no. 1 (Winter 2000): 25-37.
"The Agency's leadership recognized that the CIA did not, and could not, compete for IT innovation and talent with the same speed and agility that those in the commercial marketplace, whose businesses are driven by 'Internet time' and profit, could." Thus, In-Q-It (renamed in January 2000 as In-Q-Tel).
Loeb, Vernon. "Web Security, Privacy Are Goals of CIA Effort: Agency Funding
Software Development." Washington Post, 16 Feb. 2000. [http://www.washingtonpost.com]
Gilman Louie, president and CEO of the CIA's new venture capital fund, said in an interview on 15 February 2000 that In-Q-Tel "has entered into a $3 million contract with Science Applications International Corp. (SAIC) for development of software designed to protect Web sites against 'denial of service' attacks and to make computer addresses invisible to 'sniffer' programs."
Loeb, Vernon. "Silicon Valley Veteran Tries a Venture at CIA: Fund Aims
to Keep Agency on Top of High Tech." Washington Post, 1 Mar.
2000. [http://www.washingtonpost.com]
Profile of Gilman G. Louie, President and chief executive, In-Q-Tel Inc.
[Louie, Gilman G.]
"Gilman G. Louie Discusses In-Q-Tel, the CIA's New High-Tech Investment
Company." National Security Law Report 22, no. 2 (Mar.-Apr.
2000): 1-2, 5-8.
Remarks on 1 December 1999 at Standing Committee breakfast in Washington, DC.
Breslau,
Karen. "Snooping Around the Valley: The CIA Sets up a High-Tech Investment
Fund." Newsweek, 10 Apr. 2000, 45-46.
Discusses the activities of the CIA's venture capital firm, In-Q-Tel, and its head, Gilman Louie.
[Louie, Gilman G.]
"Speech by Gilman Louie, President and CEO, In-Q-Tel, Inc., 8 May 2000."
CIRA Newsletter 25, no. 2 (Summer 2000): 4-13.
Louie speaks about the role of his company in supporting the technological advancement of the CIA and U.S. intelligence.
Strobel, Warren P.
"The Spy Who Funded Me (and My Start-Up): The CIA's Venture Capitalist
in Silicon Valley." U.S. News & World Report, 17 Jul. 2000,
38-39.
"Marrying the CIA's demand for information and secrecy with Silicon Valley's gift for speed and ingenuity is no sure thing. But there's hope the two worlds can be bridged."
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