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Alibaba IPO: Jack Ma's Original Sales Pitch in 1999

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Sept. 8 (Bloomberg) -- In this clip from 1999, Jack Ma delivers a speech to 17 friends in his apartment to introduce Alibaba and lay out his plan to compete with U.S. internet titans. For more, check out "Crocodile in the Yangtze: The Alibaba Story," premiering on Bloomberg Television Monday Sept. 8 at 9pm EDT. -- Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.
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Text Comments (476)
nepatriots77 (6 hours ago)
So cheesy like many other chinese
w w (15 hours ago)
The real sales pitch is that: i got partnered with government officials' family, u mofos in or what?
belajar menggambar (21 hours ago)
Very inspiring
Deception Ception (2 days ago)
Jackie Chan in his early days
Bai Elyon (3 days ago)
jack ma - a man with great vision...amazing
Addam Robin (3 days ago)
Do the Jeff Bezos and Amazon
sadas (3 days ago)
Crocodile in the Yangtze sounds like the sequel to Wolf of Wall Street. Scorsese get on it.
Paul Tapang (3 days ago)
Those who didn't believe JACK Ma during the meeting now regret this big time! ?They could be billionaire too. too bad
Dias Kalkenov (3 days ago)
мда, попробуй потом таковой речи не возжелать трудиться
Scupacium (3 days ago)
lets not kid here. alibaba was not an original idea. it grew because of the government.
Absolute (4 days ago)
wouldn't be surprised if just filmed this last week with a recorder from the 90s
Chaos Cosmetics (4 days ago)
Alibaba is so so. Now there is Wish... What next?
cwxzeng (4 days ago)
modern day legend.
CarlJohnson (4 days ago)
so accurate prediction!! but he don't mention Amazon's.
Alex Earl (4 days ago)
Legend!
tarapapi (4 days ago)
This is why it's important to have passion and interest in your job or else anything more than 9-5 will make you want to quit.
Aditya Kumar (5 days ago)
Hitlers speech was close enough!!
cho zairitu (5 days ago)
All great companies are cults and Ma build a successful one
Idtech Celestial (5 days ago)
If in my office some gone say his crazy.... Some say he need vacation.
lazybeastz182 (6 days ago)
wonder if he gonna know he gonna be rich asf in ten yrs
IKNFLY666 (6 days ago)
best part is Jack Ma have no IT background, he graduate as an English teacher and work as a translator from the early years
Zbriu (7 days ago)
He said it, he did it. Alibaba si the World's largest retailer. This is a fine example of a man focused on an objective. While not labeled as so, and given how he is now, this is one of the most genuine and authentic motivational speeches i have ever listened to. His work ethic and discipline must be outstanding. Props to the man.
TweFoji (8 days ago)
i have 10 to 3 mindset and im living a financial freedom life, ok maybe not like a fuckin billionaire like Jack Ma, but the idea of tech company that you have to work late is just not for everyone.
Bro Sunny (9 days ago)
Behold the genius
Ren N (9 days ago)
HE WAS AHEAD OF TIME MAN
y9700cc (10 days ago)
Guy has 2 brains fitted into his head
Thomson c s (11 days ago)
This is how a visionary speaks to his team/stakeholders/employees.
RIPxBlackHawk (12 days ago)
What would be funny is if those people sitting around him actually were 3rd generation Americans and don't understand a word he's saying. They are gathered around him like that because he looks funny. But he doesn't know any of this. One of em is gonna go: "Was he talking to us this whole time?"
RIPxBlackHawk (12 days ago)
Issa funny lookin mothafucka I gotta say
Lee Nguyen (13 days ago)
He uses a lot of nationalistic rhetoric to motivate these people. Very smart.
FlashRedux (13 days ago)
So alibaba can sell internationally but amazon cannot sell in China LOL
chandan kumar (13 days ago)
Fuck the college degree.. They are certificate that you will have to go in jail. In India we use to call that private job security. Fuckk Ask your self what you wanna be Nd wt hav you become. MAY BE THIS WILL OPEN u up. 1 thing to the fresh higher secondry student. If u love to fry fish. Fry it. Don't let anyone interfere. Just Fuckk them with ur words.personal advice.
YU HE (14 days ago)
Man of super vision!
Samy Elijah Gaviria (14 days ago)
Excellente video
myoplex1 (14 days ago)
Bad mother fucker
KidCorgi.Com (14 days ago)
I'm ready to go to war
Uttu (14 days ago)
Confidence and passion, all things will automatically follow.
joesr31 (14 days ago)
Its motivational and all sure, but how many out there made the same speech and failed? I guess thats life, luck plays a bigger role than most people portray it to be
TehLegend47 (14 days ago)
So how is Jack's team today? Did they made a fortune and already live on their own happily?
Professor Dr. LIM C.T (15 days ago)
If Jack Ma is not a successful businessman today, this video will be bullshit. Human are materialistic.
Sergio Jimenez (15 days ago)
He has a very clear vision
sumukh hrr (15 days ago)
That vision.
Sean McDonald (15 days ago)
I look at mans head and i can tell his brain is HUGE
Parag Naik (15 days ago)
Looks so similar to Steve job and his team for next is.
InvestorHawk (15 days ago)
LOVE THIS!
Dennis Vu (16 days ago)
So yahoo failed cuz Jack said so
Abitamim Bharmal (16 days ago)
Chinese people work much harder than silicon valley companies
AdiL oSaFi (16 days ago)
how this guy know yahoo will fall and ebay will rise ?
AdiL oSaFi (16 days ago)
we all know that chinese more hard working that americans and this guy tell its people that americans more hardworking than us so they tripled the efforts lol
Eyoel Girma (16 days ago)
wow just wow
R Rohit Amalan (16 days ago)
That's so Steve Jobs-esque.
agradina (16 days ago)
its always eaz to say to work over program when u own the campany
BOSScula (17 days ago)
ALEIN
Kevin (17 days ago)
Everyone in that room is now a billionaire
Tony Villagra (17 days ago)
8:00 A.M. - 5:00P.M. mindset will never make you successful.
ALFIE A (17 days ago)
he predict it when he said Yahoo stock will go down then ebay stoch will go high then he said ebay will go down then alibaba will rise. jack ma had a great insight.
Santosh Adhikari (17 days ago)
alien face
Mal Gato (12 days ago)
Santosh Adhikari alien brain more advanced
Cyril Cherian (17 days ago)
Even before it was so widely popular, he'd dared to say that the 'internet is just a bubble,' and about Yahoo's stocks crashing. Prophet!
Ernest Wang (17 days ago)
And the rest is history
howmonster (17 days ago)
Everyone else looked like they just wanted to go home.
DB (18 days ago)
Love his passion and positive attitude. No wonder he is so successful.
Adnan A (18 days ago)
Jack Ma is a legend.
Chao Li (18 days ago)
He is right, US has better hardware, just buy our weapons dont copy it
Mayukh Mukhopadhyay (18 days ago)
all I hear is, "if you work hard enough, i will become rich"
Dekar V. (18 days ago)
Work smarter, not harder. 🤔 Maybe it's a combination. But if your hard work leads you to a unhappy and unhealthy place, it's not the right way. Not for some tech that will just make people addicted and distracted.
Captain Utki 01 (18 days ago)
It's like he was going to war against America.
Aditya Goswami (19 days ago)
Alibaba and the 17 friends.
amit dahiya (19 days ago)
Great speech.
bolosantosi19 (19 days ago)
This is where IP MAN learnt his '一个打十个'
Timothy Z (20 days ago)
It's ironic how Alibaba was the reason why Yahoo was still alive for many years
Nguyen Le Minh (20 days ago)
Jack Ma is a great entrepreneur but much of his success are overestimate. A few years into building Alibaba, Jack Ma did what he promised in this video, he opened a big office in the US and it failed miserably. After winning Ebay, he cited that they won because they knew the market better but what likely to had happened was the Chinese government backup Alibaba. Today, Alibaba is used as a government tool to supervise its citizen and censor what is harmful to the Communist Party. Don't believe me? Just think how in the world China is still using Baidu but not Google despite Google being a superior product. You know which countries don't use Google? North Korea, Iran, Syria to name a few. Yes, Jack Ma and his company won the domestic market but they never truly win the global market. Their extraordinary success comes mainly from the fact that China has over 1 billion users and the government pretty much want its citizen to use only 1 platform for easier censorship, which is Alibaba.
Dis Master (20 days ago)
This guy is a genius. He was ahead of his time and ambitious. Love seeing the beginning struggle and hustle.
jack ø diamonds A (20 days ago)
Is there a full video of this
BA AL (21 days ago)
Translation is inaccurate.
leepsoi (22 days ago)
This sounds like a war speech
Mecklenburg Govan (23 days ago)
An evil swindler who sells fake goods and fake Chinese dreams..no wonder he is dismissed by Xi.
Breaking news (23 days ago)
Those people setting in sofa now crying
Sure Bol (24 days ago)
So, we are looking at people before they became billionaires. Congrats to them. Hardwork really did paid off.
es kurniawan (24 days ago)
Wow he really predicted yahoo will fall lol
Avi Arun (24 days ago)
You can work just 4 days a week and 6 hours a day and still be very successful. It's not about how much you work, it's about what you do. Understanding this is why Europe and America industrialised fast and countries like China are still making counterfeit goods in sweat shops.
LoveOpenly (17 days ago)
That's actually his point. When you run a business it's a way of life. I don't think you know China very well. A lot of wealthy business owners and families there now.
chandra singh (24 days ago)
cool
Dhiraj Soni (25 days ago)
Anything you achieve by working for more than 9 hours is of complete waste! Clearly people who have no social life would do that!!!
J LOCK MVK 25 (25 days ago)
where is daniel zhang
Smartest Stupid (25 days ago)
The man😎
Lisa Black Cat (25 days ago)
Summary: copy, fake, bluff
Just Phenomenal
Yas Hamdi (26 days ago)
Fucking thief
John Hammer (26 days ago)
Bullshit . The message was asking the employees to work double shifts with a single shift pay for five years.
施泓祥Viktor (26 days ago)
All the people in this video are multi-millionaires.
Soumya Darshan Rauth (27 days ago)
The cruel truth about becoming a giant company.
MD Sadaquat hussain (27 days ago)
We can just break each and every sentence of the speech and every sentence will be better than the other sentence.😊how can someone have that great vision
lapan gomok (27 days ago)
Holishit. Jack Ma is my new idol
Candid Falcon (27 days ago)
It's not the words it's the spirit and the energy.
Cuewars Taner (27 days ago)
you know what? he reminds me of my goal, my dream. When I was 16 or 18, I only knew HID products like Taobao and Alipay(Taobao is like Ebay and Alipay is like Paypal) And now, there so many services THEY provide, like what I am using now, the Aliyun, or Alibaba-Cloud
Planet SA tours (28 days ago)
Jack Ma is a vissionary
Yuzhen Wang (28 days ago)
马爸爸 当年就有这等觉悟 我亲爸爸 那年还在十四冶当临时电工 我还那是只有8岁 家里人也没人想到第二年 原本平静地生活会被2000年的下岗打破 全家回到农村呆了10几年 人要改变 先变的得是思想
Max z (21 days ago)
靠政府的铁饭碗迟早要完蛋的,今天的公务员就是2000之前的国企员工
wz Z (28 days ago)
Jack Ma, legendary charismatic leader + Joe Tsai, best “second in command” guy+ Masayoshi Son, Angel Investor= success of Alibaba
Ray Mak (28 days ago)
Even back then, he was so clear and so passionate
Danny Sullivan (28 days ago)
The Red Dragon awakens
Mic (28 days ago)
I love seeing on process more than just seeing on somebody succeed on the top. It's give us more in my opinion.

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