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Alibaba IPO: Jack Ma's Original Sales Pitch in 1999

Bloomberg · Youtube · 14 HN points · 2 HN comments
HN Theater has aggregated all Hacker News stories and comments that mention Bloomberg's video "Alibaba IPO: Jack Ma's Original Sales Pitch in 1999".
Youtube Summary
In this clip from 1999, Jack Ma delivers a speech to 17 friends in his apartment to introduce Alibaba and lay out his plan to compete with U.S. internet titans. For more, check out "Crocodile in the Yangtze: The Alibaba Story," premiering on Bloomberg Television Monday Sept. 8 at 9pm EDT.

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Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.
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All the comments and stories posted to Hacker News that reference this video.
Watch Jack speak to Alibaba's original employees and you'll find that most of his musings about technology were off the mark:

https://www.youtube.com/watch?v=Up9-C4_8dVo

And yet Alibaba is now worth more than Ebay and Yahoo combined.

He may be ignorant but he's not entirely stupid.

Of course, the irony of him talking about how Alibaba employees should work more hours shouldn't be lost on people.

Sep 14, 2019 · 1 points, 0 comments · submitted by awaisraad
Semi-related video from 1999 of Jack Ma's early pitch about Alibaba's potential to some friends in China.[0]

His quote about hard work and long hours:

>"Second, we need to learn the hard working spirit of Silicon Valley. If we go to work at 8am and go home at 5pm, this is not a high tech company, and Alibaba wil never be successful."

Apparently, of the 17 people in that room, only 1 joined/invested in Alibaba. Intense startups are definitely not the right lifestyle for most people.

[0] https://www.youtube.com/watch?v=Up9-C4_8dVo

Sep 12, 2018 · 2 points, 1 comments · submitted by onetimemanytime
sajid
Ironic, that in the video, he urges his colleagues to emulate the American startup work ethic. Nowadays, it's the other way around.
Aug 23, 2015 · 2 points, 0 comments · submitted by patomolina
May 19, 2015 · 7 points, 0 comments · submitted by 666_howitzer
Sep 12, 2014 · 2 points, 0 comments · submitted by ucha
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