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There is so much more to this video than Jack Ma's rejection from Harvard. His company, Alibaba, is second only to Walmart in e-commerce business. He talks abou

There is so much more to this video than Jack Ma's rejection from Harvard. His company, Alibaba, is second only to Walmart in e-commerce business. He talks about Alibaba's success internationally (places like Russia and Norway). He also talks about the company's relationship with government regarding technology projects and privacy.

vlunkr 11y ago
Thank you. That's really a small part of the video. I get the sense that most of these comments are coming from people who didn't watch it.
- sidekick 11y ago
  Agreed. Having watched the video after reading the comments, I am actually rather disappointed at some of the negative things written here. The interview contains a lot of other more inspiring stories than just his Harvard rejections. For example, he talks about how he comes from a pretty bad elementary school, how he learned about the internet, how Alibaba got its name, how none of his capital came from the government, that Alibaba's workforce is actually ~47% women, how he rather would be respected than be rich, and his philosophy on businesses helping people. Near the end, he says: "I believe when you have 1 million dollars, that’s your money. When you have 20 million dollars, you start to have problems, worry about inflation, worry about which stock to buy, this and that - When you have 1 billion dollars, that’s not your money. That’s the trust society gives you. They believe you can manage the money - use the money better than the government, than the others. So I think today, I have the resources to do more things. With the money we have, with the influence we have, we should spend more time on the young people."
  - vlunkr 11y ago
    He also said that his goal is always to keep his employees happy, so they in turn keep the customers happy. Lots of companies out there have that backwards.

vlunkr 11y ago

Thank you. That's really a small part of the video. I get the sense that most of these comments are coming from people who didn't watch it.

sidekick 11y ago
Agreed. Having watched the video after reading the comments, I am actually rather disappointed at some of the negative things written here. The interview contains a lot of other more inspiring stories than just his Harvard rejections. For example, he talks about how he comes from a pretty bad elementary school, how he learned about the internet, how Alibaba got its name, how none of his capital came from the government, that Alibaba's workforce is actually ~47% women, how he rather would be respected than be rich, and his philosophy on businesses helping people. Near the end, he says: "I believe when you have 1 million dollars, that’s your money. When you have 20 million dollars, you start to have problems, worry about inflation, worry about which stock to buy, this and that - When you have 1 billion dollars, that’s not your money. That’s the trust society gives you. They believe you can manage the money - use the money better than the government, than the others. So I think today, I have the resources to do more things. With the money we have, with the influence we have, we should spend more time on the young people."
- vlunkr 11y ago
  He also said that his goal is always to keep his employees happy, so they in turn keep the customers happy. Lots of companies out there have that backwards.