Li Kaifu thinks talent is more important than project

Li Kaifu is a all-powerful figure, think he is in the process of venture investment, investors than the important project. This can also be understood that talent is more important than the project. A good talent, a person with strength, will be able to create a cause.

If a first-time entrepreneurs is 5%, there is a good angel help, the probability of success may be 10% to 20%, it can set up a virtuous cycle. So if the angel can add value, the quality of the project can be improved. This will make the whole industry chain gains, after the angels VC, PE phase can have more good projects.

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