On: InVision has no physical headquarters and all 700 employees work remotely

[TAForObvReasons]

It's someone else's money.

- VC raises money to invest

- VC or the individual partners buy the infrastructure (or already owns it through different channels)

- VC instructs companies it funds to use infrastructure it owns

$$

Now, of course there's interest in successes in the fund, but even when a bet doesn't pan out the VC firm can profit

[thaumasiotes → TAForObvReasons]

That does not "pad the ROI". It lowers the ROI of the fund. It may launder some money from the fund into a VC's personal pockets, but that's not the same thing.