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#32 Alibaba: The House That Jack Ma Built

Founders

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The Secrets of a Successful Business

Yahoo would receive compensation of $2 to $6 billion from the proceeds of any future IPO of Alipay. No one ever says anything else, which I think is very bizarre. It's just a weird like occurrence of events with all these different parties. Jack also discussed the strain of running a public company. He complained that his life after the IPO was more difficult than before. If I had another life, I would keep my company private. One leading Chinese internet entrepreneur put it to me like this, most people think of Alibaba as a story. It is not just a story, it is a strategy.

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