Technology
Former Google China pres. Kai-Fu Lee explains why paranoia’s important
Steve Jennings/Getty Images for
TechCrunch
-
Former Google China president Kai-Fu Lee has invested
in 13 companies that have attained billion dollar
valuations. -
Among his portfolio companies’ most successful
entrepreneurs, Lee identifies one key quality: They’re
paranoid.
Kai-Fu Lee is the former president of Google China and a
technology investor who has funded both American and Chinese
startups. Among his portfolio companies, thirteen have achieved
coveted unicorn status with valuations of a billion dollars or
more.
Many of these successful companies have Chinese entrepreneurs at
their helm, who operate under a different mindset than the
typical American entrepreneur. A key quality that these
entrepreneurs possess is what Lee describes as being effectively
“paranoid.”
Chinese entrepreneurs aren’t afraid to duplicate good ideas,
often resulting in a number of companies fiercely competing for
industry dominance. In order to succeed, they build their
companies early on with the intent to monopolize the market. …
Sponsored:
If you enjoyed reading this story so
far, why don’t you join Business Insider
PRIME? Business Insider provides visitors from MSN with a
special offer.
Simply
click here to claim your deal and get access to all exclusive
Business Insider PRIME benefits.
-
Entertainment6 days ago
Hands-on with the Claude AI app: It’s pleasant to use, but janky
-
Entertainment5 days ago
Apple Watch Series 9 vs. SE: A smartwatch skeptic tested both for 13 days
-
Business6 days ago
Haun Ventures is riding the bitcoin high
-
Entertainment6 days ago
5 essential gadgets for turning your home into a self-care sanctuary
-
Business3 days ago
Google lays off workers, Tesla cans its Supercharger team and UnitedHealthcare reveals security lapses
-
Entertainment4 days ago
The greatest films on Prime Video right now
-
Business5 days ago
Google dubs Epic’s demands from its antitrust win ‘unnecessary’ and ‘far beyond the scope’ of the verdict
-
Business5 days ago
Apple: pay attention to emerging markets, not falling China sales