Re: Alibaba needs equal scrutiny
Yes indeed like all companies.
I find it interesting to compare say Amazon and Alibaba, and I will add IKEA to this. All started from scratch by, in a way, fairly similar characters as one man companies.
On IKEA and Ingvar Kamprad we find this;
"He started selling matches at the age of five. When he was seven he began travelling further afield on his bicycle to sell to neighbours. He found he could buy matches in bulk very cheaply from Stockholm".
On Amazon and Jeff Bezos we find this;
"He founded Amazon in late 1994 on a cross-country road trip from New York City to Seattle. The company began as an Internet merchant of books and expanded to a wide variety of products and services, most recently video and audio streaming. It is currently the world's largest Internet sales online company",
And then there is Jack Ma of Alibaba:
"He began studying English at a young age by conversing with English-speakers at Hangzhou international hotel. He would ride 70 miles on his bicycle to give tourists tours of the area to practice his English for nine years."...
"Jack Ma applied for 30 different jobs and got rejected by all. "I went for a job with the police; they said, 'you're no good,'" Ma told interviewer Charlie Rose. "I even went to KFC when it came to my city. Twenty-four people went for the job. Twenty-three were accepted. I was the only guy...". In addition he applied 10 times for Harvard Business School(hbs) and got rejected.".
Alibaba is not a copy of Amazon they do differ.