Former Google Chief Starts Business

Kai-fu Lee made headlines when he quit Google and abandoned his post as the Internet search giant’s China chief. Now, Kai-fu Lee, who has become a well-known figure in China as the face of Google, has announced via his Twitter page that he will start up his own company dedicated to funding Chinese technology start-ups.
 
According to Lee, his plan is to launch a venture business platform that will eventually grant funding to young Chinese entrepreneurs hoping to get a foothold in the technology sector. The money will be given as part of “angel funding,” which is a practice in which …read more