Innovation Workshop is to welcome its first anniversary. With the launching of Peasecod, the first project completed by its little-known engineering team, ruthless ‘anatomy’ by the professionals shows that the software is just like many other software in spite of its multi-functions, which gives rise to the question whether Innovation Workshop is simply a ‘shell corporation’ with no capital, no team and no project. Li Kaifu responded to such questions in his mini-blog, but the reality is the venture capital firms of this brand-new type are unlikely to succeed due to various factors including lack of management experience and initial funds.

　　                                                                   By IP Channel of People's Daily Online