Kai-fu Lee: China geek celebrity Venture for one year

Kai-Fu Lee in China to create a business incubator innovation workshop, to prop up the promising young start-ups that are currently funding 12 start-ups in the context of strong demand for network technology last September, Kai-fu Lee left Google, creating a start-up incubator Innovation workshop (map) "China Entrepreneur Network" in the "Business Weekly" In the interview, Kai-Fu Lee described his business incubator funded start-up companies: There are a lot of good people and engineers to solve interesting problems. "What we offer can meet the urgent need to create value, develop interest, create excitement and help others."　　"In recent years, the huge influx of investment troops into China, the establishment of local technology companies, in order to replicate the local search giant Baidu, portal Tencent and E-commerce operators Alibaba success, Lee is one of the forces." Investment boom "in Silicon Valley, there is a downward trend in confidence in VCs, so there is more money flowing into China, which is a boon to building a growing technology base."　　Said Mark Cannice, a professor of entrepreneurship and innovation at the University of San Francisco, Mark Kenneth.　　Chinese research firm Zero2ipo data show that this year, China's venture capital has accumulated 295, worth 1.59 billion U.S. dollars, the same period last year, 179, 1.07 billion U.S. dollars.　　Kai-Fu Lee said that the innovation Workshop received funding from the United States Harper Group and Foxconn International Holdings Limited, investment in new business 15,000 U.S. dollars to 2.5 million U.S. dollars, while helping to acquire expertise in the technology industry. "In the US, companies like Google and Apple are largely built on angel funds, and experienced entrepreneurs want to help companies and people they believe will succeed, and in China there is almost no such group of Angels."　　Lee said.　　Recruitment September 2009, kai-Fu Lee left Google, then from Google China, IBM, Oracle, Nokia, Tencent, Baidu and other companies recruit the elite. Kai-Fu Lee said the innovation Workshop raised the venture capital of 115 million U.S. dollars, only one day received 7,000 copies resume. It is reported that he received more than 100,000 resumes, and finally hired 150 people.　　After contacting 500 young startups, his team eventually chose 12 to fund. Innovation Workshop investment start-up company founder Tian Hongfei said recruiting talents is the biggest challenge for startups. "In Chinese culture, many graduates choose to work in state agencies, state-owned enterprises, or companies such as Google and Microsoft, and these jobs are widely admired."　　"Geek celebrity" Kai-fu Lee, by virtue of prestige, has thousands of top engineers who want to work for startups, Tian Hongfei said. "In China, he is a geek celebrity.　　Zhou, vice president of China American in tech, said. At present, innovation Factory is developing a mobile phone operating system called Tapas, and will have sharp, Tian language and Haier and other three mobile phone manufacturers pre-installed. The innovation workshop is expected to have 1 million handsets installed this software next year, and will reach 10 million in 2013.　　In addition, innovation workshops also push mobile software start-ups, Wonderpod, to umeng the analytics tools for mobile app developers, to share photos on mobile devices photo wonder and gaming company ascending cloud. (the article originates from "Business Weekly" website compiles: Dubow)