Michael and Johnny look at Alibaba, the Chinese e-commerce giant. We look at Jack Ma's story of resilience and Alibaba's company history. We also discuss the keys to its success and determine whether it is a Rich Tech or Poor Tech company, finally we wrap with our Ideas of the Week for Alibaba.
In the News of the Week, we cover the de-platforming of President Trump following the violent protests at Capitol Hill and Slack giving everyone the first workday off by going down for a few hours.
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Recorded Date: Sunday, January 10, 2021
Time Stamps
- 00:00:18: News of the Week
- 00:10:37: Alibaba overview
- 00:14:30: The story of Jack Ma
- 00:21:59: The history of Alibaba
- 00:26:06: Keys to Success
- 00:35:09: Rich Tech or Poor Tech
- 00:43:07: Ideas of the Week
Highlights
- The De-platforming of President Trump following the violent protests at Capitol Hill
- Slack joined the big leagues (Amazon, Google) by showing they can also be down for a few hours on the first workday of the year
- Alibaba is not the Amazon of China - it is the Amazon, eBay, and Paypal of China
- Jack Ma's story is very inspiring - so many failures led to such resilience and perspective
- How does an English teacher become the multi-billionaire Founder/CEO/Chairman of a global tech company?
- What made Alibaba so successful?
- Could anyone else have built Alibaba into what it is today?
- Is Alibaba a Rich Tech or Poor Tech company?
- How can you grow Alibaba?
Links
- The deplatforming of President Trump
- A major Slack outage welcomed us back to work this morning
- Alibaba Group
- Meet the 18 original founders of Alibaba
- Understanding the Alibaba Business Model
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