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LLei Junei Jun wears many hats — he’s Xiaomi CEO, the board chair at Kingsoft and an Angel investor — and is one of the most respected figures in China’s tech industry. As one of the wildly successful Xiaomi co-founders, he’s also someone worth listening to when it comes to China’s startup scene. In a recent interview, the Beijing News asked him what he thought the differences were between Silicon Valley and China. Here’s what he said:

The biggest difference in the startup environment between (China) and the US is that China doesn’t have enough Angel investors, and there is not enough money being invested.

To read the full, original article click on this link: China’s startup scene needs more Angel investors says tech mogul Lei Jun | ventureburn