Chinese entrepreneur Kai-fu Lee: Young entrepreneurs should look at the potential network opportunities

Xinhua Beijing, September 21, according to the Singapore "Lianhe Zaobao" news, in mainland China, from micro-Bo can see popularity. Li Kaifu, chairman and chief executive officer of the famous Chinese entrepreneur and innovation Workshop, has 12.95 million fans on his microblog, and he posted an average of 7 and 8 new messages per day, which has a great impact on the internet era.

2009, Kai-Fu Lee founded the Innovation Workshop, is also targeted for the young generation of entrepreneurship, to provide initial funding and professional assistance.

Innovation Workshop because of the participation of Hon Hai's chairman, Terry Gou, has also aroused great concern in Taiwan, and Mr Gou has praised him as his teacher, referring to the development of the Internet.

Since the establishment of 2.5, Kai-fu Lee hand over the report card: Innovation Workshop to cultivate and invest 47 projects, the workshop has more than 2000 "Workers" (the company's employees), the completion of 180 million U.S. dollars (about 2.19 new yuan) of the first dollar fund to raise, this year also completed the recruitment of a scale of 700 million yuan ( About 135 million yuan) 's first renminbi fund.

Of the 47 projects, 18 projects have been removed from the early concepts and entered into a round of investment, beginning to take shape. "Three years ago, the mainland's creative breeding, angel investment environment is not good," Kai-Fu Lee said, but now the mainland's investment environment from a round, B round to the listing, is very complete, far more than Taiwan, may be second only to the United States, Israel.

He said the 45-person investment partner at the Innovation Workshop would continue to discuss what improvements could be made to each version of the software, whether a company was worth investing in and the top 100 and 200 companies currently investing in China.

3G Take-off Big Business Opportunities

"The mainland's entrepreneurial motives are very strong, the world's rare rival," for the mainland's booming entrepreneurial trend, Lee Kai-Fu said, when the family only a child, parents, grandparents hope that all in a person, the great expectations, significant resources, all to the children. Hope that the best development of the child, including the civil service, into the well-known companies, and entrepreneurship.

This makes the mainland society latent many years finally burst out of the dream of ambition, now play to the extreme, the previous generation let the children in huge expectations, under great pressure to grow, coupled with their own desire, so that this generation of mainland youth to become the world's most eager, the most desperate group of people.

They will therefore catch up with China's network of big business opportunities. Kai-Fu Lee optimistic that the mainland 3G market just want to explode the take-off, the General people think that the Chinese mainland today to see the internet market has been very large, the future "will be 50 times times, 100 times times today."

Also therefore, China's Internet entrepreneurship is only just beginning, the future mobile internet will replace the social function, to make friends with posterity, the way to find a spouse, are not the same as now, spent every 1 dollars are related to the mobile Internet, your secret, personal data are all on the top.

According to official statistics, in 2011, there were 513 million internet users in China, 356 million of those using mobile phones. The ratio of using a mobile phone to the internet was 69%.

This figure seems very high, however, Kai-Fu Lee pointed out that the mainland to use mobile phone Internet is very very few people, China currently uses to eat to fill the Internet program only 20 million people, the other person may spend only 10 yuan per month, 20 yuan RMB Internet.

If you think that a lot of people are surfing the internet is called "network development is saturated", Lee said, that is the past saturation, the future will be completely different.

Market closure and lack of originality is a test, however, the development of China's mainland network has its problems. Many network companies or software is closed, can only be used in China, many people also questioned the lack of originality, most of the study of European and American experience, and then copied for the Chinese version.

Lee Kai-Fu explained, indeed, many mainland people's idea of the development of the network is: "Can find, can be modified to change, can be localized on the local, can innovate on innovation", will see the United States, Europe is doing, appropriate to take to localization, or to inspire, to make new things. "

The relative closeness of the Chinese market is not entirely bad news. "In this way, China's opportunities are all Chinese, or Chinese," he said, "The closed approach, if the market is very small, which of course, unfortunately, if the market is not a pity." What is important is whether there are a number of innovative young people in China that create value for users.

Innovation Workshop Investment Network companies have a certain score, but whether like Baidu, micro-bo such a climate, but also need to observe. (Peng Ripples)