Will China’s Best Coders Flock to Kai-Fu Lee’s New Incubator?
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Kai-Fu Lee has confirmed reports
that he’s leaving his post as head of Google China to start something called Innovation Works, a mix between an incubator, a development lab and an angel investing firm. The plan is to hire 100-150 smart young Chinese engineers, help nurture their ideas, then spin off 50-75 of them a year, with seed funding from Innovation Works. He’ll hire up another 50-75 more smart, scrappy kids to fill that gap and keep the cycle going…
