Six years after Facebook abandoned its internal creed of “move fast and break things,” the company has quietly launched an internal venture capital unit that’s presumably tasked with finding start-ups to do just that.

Within the social network’s vast corporate bureaucracy, executives in 2019 launched an initiative called the New Product Experimentation team, which was tasked with trying to make new apps for its billions of users. Beyond making the products outright, Axios reported on 11 June that Facebook also plans to build a multimillion-dollar investment fund run by veteran investors who will be looking for the new new thing.