Kai-fu Lee: lack of localization to improve entrepreneurs need to find a domestic feasible way

Successful entrepreneurship is the idea of adding money? At the launch of the first "thousand People Plan" venture contest held yesterday, Innovation Workshop CEO Lee Kai-Fu said that for entrepreneurs, more important than these is to understand trends, excellent team, localization and management experience. "For example, group buying abroad is a good thing, but to China has changed, more than 6,500 companies compete, we all do not earn money." When entrepreneurs learn foreign models, they do not find a workable way at home. ”

"Thousand-person plan" is the National Talent work Coordination Group led the implementation of the "Overseas High-level talent introduction program." aims to attract more overseas talent to return home or to China to start a business. The competition provides a total of about 30 million yuan of venture capital, the steering committee of luxury, including Liu, MA, kai-Fu Lee, pharmaceutical Wuxi CEO Li Ge, well-known Deng, such as venture capitalists.

In the past few months, group buying website "closed Tide", the electricity merchant invests "The cold winter Theory" and so on haze has been shrouded http://www.aliyun.com/zixun/aggregation/12827.html "> Internet start-up company." In this respect, IDG Capital Founding partner 11569.html "> Shong said yesterday that China is still the best place to start a business environment and is concerned by regional funds in Europe, America and India. "The rate of return on China's VCs is far greater than in other countries. ”