The platform, for which Mr. Lee will serve as chief executive officer and chairman, will get involved with high-tech companies in the profitable Internet, mobile Internet, and cloud computing technology sectors.
Wrong to be gloomy about the propects of a new enterprise before it gets through the door but start-ups normally depend on either a person with a single great idea which is obsessively followed or is run by a hard-headed business executive (a polite phrase) who has targets very clearly in mind. Kai-fu Lee, for all of his genius, does not immediately come to mind as being in either category.
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