Dr. Kai-Fu Lee, Chairman and CEO of Innovation Works, speaks to Campaign Asia about innovation in China compared to the US. In 20 years ago since he started his company, Lee has seen a difference in the quality and essence of the firms he invests in, as the number of Chinese entrepreneurs increases. Lee believes that China has the potential to build the equivalents of Facebook and Uber, as there is now such a strong VC ecosystem in the country.
Dr. Kai-Fu Lee, Chairman and CEO of Innovation Works, speaks to Campaign Asia about innovation in China compared to the US. In the 6 years since he started his company, Lee has seen a difference in the quality and essence of the firms he invests in, as the number of Chinese entrepreneurs increases. Lee believes that China has the potential to build the equivalents of Facebook and Uber, as there is now such a strong VC ecosystem in the country.