A Brief History of Alibaba Founders
iprice.sgOne thing that stands out is that Alibaba has 18 founders. It is almost unheard of in the west. Jack Ma is a true legend. He has a humble background and failed college entrance exam three times before being accepted into an ordinary school (Gates and Jobs entered school without much a problem).
Aliababa was almost like pyramid selling in the beginning tbh.
I remember watching this documentary made by their (American) VP of marketing: https://www.youtube.com/watch?v=b7i825QzKB8, chronicling their origins and their fight with eBay.
Jack Ma started off teaching english for $12/month? Ha. Interesting doc so far, a bit quirky/low budget but interesting...
Do you know what year this was made?
If you google "Crocodile in the Yangtze", it says released in 2012. The trailer has better video quality, my YouTube link is most probably pirated (and they added the Chinese subtitles, which means re-encoding).
Worth pointing out that this blog, somewhat well followed in investment circles, claims 90% of Alibaba’s revenue, at least since the 2014 financial reports, is completely fraudulent: https://deep-throat-ipo.blogspot.com
They are doing the old Enron trick of creating hundreds of shell subsidies (over 900 at this point...many of which don’t even have a website or more than a single corporate officer / employee) to hide the debt.
Even I wanted to believe it is all true, how credible is the source that is apparently from the anonymous Blogspot post?
He was 35, and it was peak of cycle/just before the dot com crash.