Just a very quick update, and hopefully it will be the last one about Kaifu’s leaving (update: the rumor has been confirmed). According to tweets from @hecaitou and report from cnreviews: Kaifu Lee’s new venture, the new platform/incubator for Chinese young entrepreneurs is Innovation-Works.

The site itself is obviously not finished yet. Its About Us says:

And the company will focus on Internet, Mobile Internet and IT industry in general. The idea is similar with the IdeaLab we mentioned in previous post about Lee’s next possible move, but it might be operated differently:

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Gang Lu

Dr. Gang Lu - Founder of TechNode. He's a Blogger, a Geek, a PhD and a Speaker, with passion in Tech, Internet and R'N'R.