Kai-Fu talks Steve Jobs, Silicon Dragon, China angels

Kai-Fu Lee, who wrote the foreword to my new book Startup Asia, is raising a second fund of $300 million to branch out to Shanghai, having stormed Beijing with a first fund of $180 million and investment returns he says are 10 times in two years' time. Not bad progress since he left the helm of Google China to set up angel investment fund and incubator Innovation Works in September 2009.
See the video interview and read more in Forbes at my post.
Will China see a Steve Jobs soon? No, says Lee.
How about the impact of angel investors and serial entrepreneurs? It's BIG.
Watch the mobile Internet for future China innovation.