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Former Google China pres. Kai-Fu Lee explains why paranoia’s important



Kai Fu LeeSteve Jennings/Getty Images for

  • Former Google China president Kai-Fu Lee has invested
    in 13 companies that have attained billion dollar
  • Among his portfolio companies’ most successful
    entrepreneurs, Lee identifies one key quality: They’re

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

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

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. …


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