There are plenty of books and studies available how VC works. Summarizing and simplifying (several stages of VC, all which have different entry/exit/profit strategies):

1. Find a team around which you can build a story
2. Buy a major minority stake at miniscule $ investment
3. Narrate a story around the team and it's invention and hype it up via media
4. See 2nd level VC want to get a cut of the action. Sell a minor minority for higher $ investment to them (i.e. dilute and upcharge)
5. Continue 3-4 for a few rounds
6. Take it to IPO stage, fleece the institutional investors and private individual investors who are now paying 10000x for a 1/100000 of a cut (compared to initial VC stages)
7. Sell 90% your remaining initial ownerships with 100000x profit
8. If by random occurrence it looks like a viable business that could grow 100-1000x, keep a minor stake in it, until you can sell it for another 100 - 1000x more compared to IPO price
9. Expect that 9/10 of your initial VC investments never get to stage 8, but fold before that, so be ready / willing to cash out long before that by selling to more stupid investors
10. If you have something really special and the Gov/NSA/CIA/etc call you up, take all the money & keep your ownership & try to nail a 7-9 figure confidential/exclusive contract with government and milk it until your "innovation" is commodized.

Rinse and repeat.

Of course there are fake VC startup scams and gov VC stuff that is just made to look legit, although its an integral part of the deep state surveillance-spying network. Israel excels in the latter.

There are plenty of books and studies available how VC works. Summarizing and simplifying (several stages of VC, all which have different entry/exit/profit strategies):

1. Find a team around which you can build a story
2. Buy a major minority stake at miniscule $ investment
3. Narrate a story around the team and it's invention and hype it up via media
4. See 2nd level VC want to get a cut of the action. Sell a minor minority for higher $ investment to them (i.e. dilute and upcharge)
5. Continue 3-4 for a few rounds
6. Take it to IPO stage, fleece the institutional investors and private individual investors who are now paying 10000x for a 1/100000 of a cut (compared to initial VC stages)
7. Sell 90% your remaining initial ownerships with 100000x profit
8. If by random occurrence it looks like a viable business that could grow 100-1000x, keep a minor stake in it, until you can sell it for another 100 - 1000x more compared to IPO price
9. Expect that 9/10 of your initial VC investments never get to stage 8, but fold before that, so be ready / willing to cash out long before that by selling to more stupid investors
10. If you have something really special and the Gov/NSA/CIA/etc call you up, take all the money & keep your ownership & try to nail a 7-9 figure confidential/exclusive contract with government and milk it until your "innovation" is commodized.

Rinse and repeat.