You are listening to the DFJ Entrepreneurial Thought Leaders series, brought you weekly by the Stanford Technology Ventures Program.

You can find podcasts and videos of these lectures online at eChorner.standford.edu.

How many have you heard about it before? Okay, so I don't need to tell you that it's like the third most popular search engine in the whole world.

It's got over 70% market share.

It was started almost 10 years ago by Robin and his co-founder, and it's extraordinary that we have a chance to have him here.

Prior to that, he was kind of a search engine guru in the 90s by working at Infoseek and others.

And I don't know how we missed him, but he didn't go to Stanford.

I wish he had. I wish he had.

He got his first degree at Peking University and then he got a master's

of science in computer science at the State University of New York in Buffalo in 1994.

He's a co-founder, as you know, the chairman, the CEO, the grand, grand master of

Vaudu.

So let's welcome him to Stanford. Thank you, Professor Myers for your introduction. I'm really glad I finally made it here.

I've always wanted to teach a class here at Stafford because I always wanted to lure

the top talents from the world's most, the finest school. So finally I'm here. Thank you for your

interest. Today I'm going to talk about opportunities in China at the age of innovation.

I picked this topic because I think this is a very important topic for many of you to know.

Right now I think we are still in the recession period, although I've heard

words that recession is officially finished, but I feel a little bit different. Last time I was

in this country was May of 2008. I still feel that today the economic situation is not better but worse than what was like in May

of 2008.

I can tell from the newspapers I read in my hotel room, now the newspapers are a sinner than before.

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