Reading Reaction Journal#2

Reference:

Barboza, D(2009,September,7). Google’s Ex-China Head to Fund Start-Ups. New York Times News.Retrieved 2009, September,8 from http://www.nytimes.com/2009/09/08/technology/08google.html?scp=2&sq=china&st=cse

Summary

According to Barboza, D(2009,September,7) “Google’s Ex-China Head to Fund Start-Ups”. Kai-Fu Lee use $115 million to create a company that will search and collect best people and ideas. Because China’s internet growing fast that is good for the new company created and possess this the world’s largest internet market. He believes that the new company will become the best company.

Reaction:

I think Kai-Fu Lee chooses a best way for him. China has a large and wide market for the new company to develop. There are 300 million people use the internet. If he can find many best engineers and entrepreneurs make up a strong team. I believe that his company will become a largest internet company in China. China is a developing country, need many companies move into China that will improve China’s economy. Nowadays, there are many college students graduate, they don’t find a job because the Professional Competition. As the economic upturn, many Multinationals move into China. The college students can find a job. So the new company created will give many opportunities for the students. In my opinion, I think create a new company is good for everybody.