Facebook didn't know how successful Zynga would be.

Google never knew how successful key words would be.

Facebook is a platform inside a platform.

Facebook can be an accumulation of different intelligences.

Kai-Fu's Innovation Works is the top very-early-stage fund in China. We are proud to be an investor, and hope that IW will help to produce in China companies on the scale of Facebook, Zynga, or Groupon.

One of the companies that we've invested in is called Facebook. In only two years, between 2009 and 2011, the information exchanged between people increased 28 times. And that cannot be explained by new people joining Facebook.