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#32 Alibaba: The House That Jack Ma Built
Founders
The Power of People Controlling the Capital
The book details more of the fight and then the eventual win over eBay. Yahoo had struck out twice in China, first founder, then 37-21. Jerry Yang made a bold decision to give Jack a billion dollars in the key to Yahoo China's business in exchange for a 40% stake in Alibaba. That was one of the best investments ever made also.
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