All Posts Tagged Tag: ‘Kai-Fu Lee’
A few questions surrounding the departure of Kai-Fu Lee from Google China have now been answered. Lee isn’t leaving due to any perceived failure – indeed, he thinks Google China is doing rather well – and it turns out that he’s landed a position as the head of a venture capital firm.
Google China’s about four years old, and to be fair, deserves a bit of recognition for surviving so long under inhospitable conditions. But it’s still floundering in terms of market share and profitability, and its president, Kai-Fu Lee, now seems ready to switch focus in response.
Corporate leaders are in tough positions when trying to predict the future. If they’re too positive, they’re seen as overconfident. Too cautious, and people wonder why they’re scared. So Google China’s Kai-Fu Lee seems to have aimed at a middle ground when describing his pursuit of Baidu.
How’s this for a job: run the foreign arm of a gigantic corporation, and don’t worry about making any money for, oh, four or so years. That’s apparently what Google’s Kai-Fu Lee has been told to do in China. Yet Lee has other responsibilities, and CEO Eric Schmidt claims to be more than satisfied with the man’s performance.
Microsoft filed suit against former exec Kai-Fu Lee and Google claiming Lee and his new employer violated Microsoft’s employee confidentiality and non-compete agreement.
Lee’s job title was vice president of Microsoft’s Natural Interactive Services Division and he accepted a job with Google to lead their Chinese R&D. Microsoft want to force Lee and Google to adhere to the agreements Lee signed with Microsoft.