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Alibaba Turned Into a Multi-Billion Dollar Company
Maundice was a basic e-commerce platform that allowed companies to buy and sell stuff. The idea of auctioning, we had RFP, RFQ systems in there,. There's everything that today you have in Alibaba, and that you have in eBay. It all hinged on what I've realized to be one truth in creating ventures, which is timing can just about be everything.