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He also got removed for creating systemic, existential risk for the company by handing out $10k line limit credit cards to anyone who wanted one, resulting in a
by HillRat 3y ago
He also got removed for creating systemic, existential risk for the company by handing out $10k line limit credit cards to anyone who wanted one, resulting in a 50% chargeback rate. There are so many reasons for them to have gotten rid of him that the answer is highly underdetermined.
- Yeul 3y agoInteresting this got AliBaba into trouble with the CCP. As 2008 proved handing out credit can lead to disaster.