We don't know the full story because the V devs deleted it. Experience tells me that people tend not to delete stories that paint them in the better light.
It's vaporware until it we exists. Perhaps it would be kinder to call it "conceptware" but who really cares?
Oh, and the vast majority of commercial software firms have absolutely terrible communication. And, yes, they do not work effectively.
I feel like I am destroying an optimistic world view here, which is the last thing I wanted. There are many excellent and exciting places to work. Don't let an old man's cynicism put you off!