Y Combinator ends plans to establish YC China, cites changing leadership and strategy, says YC China CEO Qi Lu is leaving to set up his own fund, MiraclePlus
Devin Coldewey / TechCrunch :
Y Combinator ends plans to establish YC China, cites changing leadership and strategy, says YC China CEO Qi Lu is leaving to set up his own fund, MiraclePlus
Prolific startup accelerator Y Combinator has abandoned plans to establish a branch of the program in China.
Y Combinator names former Baidu COO Qi Lu as CEO of Y Combinator China, a new Chinese arm it says may start as soon as next summer
- This marks the seed investor's first international program — Former Baidu COO, Qi Lu, will oversee the rollout in China
Baidu hires AI specialist and former Microsoft EVP Qi Lu as group president and chief operating officer to oversee and develop AI technologies
AI specialist Qi Lu becomes Baidu's COO and president — Lu will oversee Baidu's efforts to develop AI technologies
Sources: Qi Lu, Microsoft's EVP of applications and services, is leaving the company due to health issues; Corporate VP Rajesh Jha to assume many of Lu's duties
Rajesh Jha will assume many of Lu's responsibilities — Longtime Microsoft executive Qi Lu is leaving the company following medical issues …