On September 4th, Li Kaifu, Google’s vice president and Greater China CEO, officially announced he would resign from Google. He will be starting the “Innovation Factory”, an entrepreneurial platform for young people. He will start of having funds of 800 million Yuan (a little over 80 million Euros).

The project’s investors include the founder of video site YouTube, Lenovo Holdings president Liu Chuanzhi, and WI Harper Group.

We congratulate him with the great choice of name and wish him well with this remarkable initiative.

Signed,
Innovation Factory in the Netherlands