Alibaba IPO: Jack Ma's Original Sales Pitch in 1999
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- Опубликовано: 7 сен 2014
- 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.
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This is why you need Public Speaking Skills
Hats off to his enthusiasm
Without seed investment and actual product, nobody can just stand in middle of Tainfuck Square, do public speaking and make money.
@@pajeetsingh If the Idea is great and he's not able to transfer that enthusiasm to the other person then he wouldn't succeed
I don't have public speaking skills. When I talk to small group of people I could speak exactly like him plus just because of my thoughts and enthusiasm.
@@TechAngelx Musk does a very tricky talk. He fools his employees into working for 12+ hours saying "No one can change the world working 8 hours a day".
@@TechAngelx no need to compare them they are successful in their own ways..
Well definitly not an science guy (for those who've seen his interview with Musk) but the guy is a true visionary, impressive
Yeah true....
Yeah he's a genius in his own way.. idk if he was trolling or something in Elon musk interview but he looked real stupid in that.
@@rohitnegi4651 maybe,, remember when he define AI as "Alibaba Intelligence"
I mean, I'd argue Musk isn't a business guy. Everyone has their own specialties
He appears to be more a coach/leader than a visionary. Jobs was a visionary because of his creativity and intuition.
“Damn yahoo stock will fall and eBay will rise, then eBay will fall and alibaba will rise....” this was inspiring
prophet
50 cent army
@xblindx Dumbass lol nothing he said here was wrong. I don't advocate the Communist Party and neither do my friends, but to act like any praise towards their actions is propaganda is kinda retarded.
@@deadrivers2267 obvi also 50 cent army
@@xblindx you are blind
To think that he is talking like that in 1999, before startup culture became a common thing, is outstanding. Now a days, we can easily say these things with conviction, we can start a company and run it without profit for 3 years with the hope to make it big, because we have so many examples of that now. But back then, it must've taken tremendous vision and conviction to even plan for something like this.
Agreed
Jack Ma like you said today is bad and tomorrow will be worse but a day after tomorrow will be beautiful. See you soon.
here we have the first billionaire nigerian email scammer
hahaha
cmonBruh
Hope you succeed with your dreams!
bro have you succeeded
The audience is like "He is gonna disappear soon..."
Fast forward 21 years later...
He did come back, hopefully more restrained with his “Financial innovation” plan.
He is in jail, because of endanger national security in China.
They are all billionaires now....
He is a dumb puppet
He's literally playing golf, mans just wanna get a hobby
Wow - Jack Ma predicted the Yahoo crash and Google rise back in 1999 when Yahoo was in it's prime.
Yahooooouuuoooo
Lots of Alibaba intelligence
Popularity trends are always to be expected. The only thing is predicting when exactly would that particular entity lose popularity.
@@WafflesGiraffles 😂 that video with elon musk was hilarious
@@WafflesGiraffles lmaoo
“eBay is a shark in the ocean. We are a crocodile in the Yangtze River." Passionate speech. 👏
Too bad amazon is the ocean
@@phuphu88 amazon does different stuff to alibaba. they arent competitors yet
@@leafster1337 they are unofficial partners. TONS of the products on Amazon are just resold Alibaba and Aliexpress items lol
@@phuphu88 if Amazon is the ocean, then Alibaba is the moon that moves the ocean.
Where do most Amazon products come from? 😂
@@sandeepsanghera1069 China, where Alibaba also gets their products from. Amazon physically holds the products then sells, Alibaba links buyers to sellers and vice versa. Your ocean metaphor makes no sense.
Even back then, he was so clear and so passionate
If not how could he made it possible without revenue for 3 years. Me?
Everywhere mannn
Ok boomer
If you see him everywhere means that u guys are also everywhere
Dude I see you every where lmao
Thats why i dont have 8 to 5 attitude.. instead I have 9 to 5 attitude 😎
Mines 8-4 😂😂😂
Mine 10am to 11am attitude
there is rumor: he is missing killed by china government and the company will be stolen by china government
@@raishelmy7176 sadly actions like that took place in the past amongst Chinese billionaires.
Mine was this in 2020:
Basically just telling everyone to work harder
He is Asian after all XD
"You want to work from 8 to 5!? How am I gonna be rich like that??"
And sets up a clear vision and goal to achieve for his team. Thats leadership, the ability to deliver concisely what he wants and achieve with clarity.
@@MultiCatwolf jack ma is right now either in a concentration camp or exiled from china i dont think i envy him
@@MultiCatwolf He was talking air, not facts
Survivorship bias. For every Jack Ma, theres 20, 50, 100 people who made similar speeches that failed.
chuckywang none of them were jack ma
Cuz they lack what the 1% has....ruthlessness
@@SG-jm7np its called luck
K 00 that’s what losers say
Then it's clearly what those 100 people do before and after their great speeches that is different from what Jack Ma does.
Yahoo fell. eBay rose. Alibaba sky high. The man predicted this 20 years ago. Holy shite
And soon, yet another one of his predictions will come true! ALIBABA INTELLIGENCE!
But i thought 99.99 of human predictions are WRONG!!! Hmm, he must be some kind of alien then xDxD
kotov dot in easily predictable? Then you should’ve been a Billionaire too right now? Lol 😆 if I could predicted those things coming, I would’ve invested to Alibaba and Amazon easily... 😂😂😂 don’t be arrogant you fool.
@@pianosenzanima1 even if we have a 0.0001 percent chance of giving a right prediction with 8 billion people, leaves us with about 1 million right predictions if we assume that every human being at least has one prediction of the future. Seems like Ma has a bunch of these right ones
and now many people still laugh at him after watching the talk between Elon Musk and him
As an American, I love seeing him use us as a target. I respect that drive and the capitalistic mindset. This is awesome
well, America is everyone's target, the only super power.
that might have been true some years ago, but not any more.
who said anything about that and why is it a bad thing?
US and China are not going to work together because China doesn't play by rules. First, China needs to stop stealing intellectual properties and open the market like US so that everybody can trade fairly.
StarRider That’s because US, unlike most countries are already developed. Opening up the market when the country is underdeveloped and poor as hell will only invite massive foreign ownership over the country’s proprietary assets. There are only two reasons to why any country would allow foreign investments: 1) to invite new tech into the market 2) to create new jobs for the economy. Go to any country in Asia no sane government would allow 100% open economy to jeopardize local entrepreneurship. Be more educated please
Everyone thinks he predicted the future with his vision. While in reality he made his vision the future.
No
@Christian Stordahl...THAT...IS...SO...WELL...SAID!👏
At least someone understands.
Your will power is true power.
@@FreeOfTheLoop lol go pay ur bills crackhead
He's basically telling everyone they will need to stay late and come in on Saturday like the movie Office Space lol
Ikr 😄
@Nice Response nice response
@Nice Response nah they could easily swap shifts. No way in hell they stay up 24 hours a day. Jack is talking about the 8-5 mentality, which is do your job and get paid. He wants the work to be their lifestyle. Its like loving someone, you dont say you only love someone from 8-5, instead, you do it as much as you can, when you can.
@Nice Response Youre talking about the literal time, im talking about him not having the 8-5 mentality
😅🤪
Always nice to see it at the beginning.
This video is one of those hidden gems in You Tube as it expresses the mindset and passion that like Jack Ma many visionaries employ in the development of their business. Respect.
"The dream of the Internet won't burst"
“If you wait by the river long enough, the bodies of your enemies will float by.”
He studied the Art Of War
sun tzu nerds i see
Ikr..
@@usualavantgasp I read the book cover to cover.
Sun tzu i read it and life taught
That.. doesnt make sense
His acknowledgement in the suffering that came in the upcoming years is one of two things that really stood out to me in this speech. Too often do people disregard this and lose faith of the long term goal they originally had in mind.
Beautiful... Its always great to see a plan materialize
Then get imprisoned or killed because you were too successful
@@al_wax whatever happened, he left history and inspiration.. what about you ? Only badmouthing people, you cant get anywhere with that attitude
@@02.adamsitanggang49 Look at the dumb snowflake that can't even see I'm criticizing the Chinese government and Xi Xinping for taking down people that get more popular than the party itself.
@@al_wax LOL you should state your point clearly, what you said can be interpreted differently
@@al_wax well it was also my bad to judge you one-sidely
This cleaned my mind after watching him and Elon musk trying to hold a conversation without him being cringy.
I think it was the lenguage
Anyone here after watching the elon musk and jack ma discussion?
He does sound like an idiot in tht, but i think he is quite a smart man in his own game
@USF Bfl yeah he was a different person when talking with elon musk
@@jimmyfallon2484 Was like a child giving words of wisdom
USF Bfl yeah sure you fucking moron did you hear this dumbfuck
Yo man , algorithm brought us together again
He had a dream, a vision and he accomplish it. I bet you that people around him by that time would have been making fun of him that he won't get anywhere! Look at him now! Powerful and Inspiring!
"If you don't sacrifice for what you want, what you want becomes your sacrifice."
That is what's incredible about organization. Even if you don't believe it, if you are in the right place, either by coincidence or not, you can enjoy the fruit.
So powerful that when he said one thing out of line about the CCP, he disappeared for weeks in a brainwashing/re-education camp. The CCP can lick my butt and suck my balls....they didn't come for me though. I must have powers that Ma doesn't have. They copied Bezos and installed Ma not only for his vision, but because he's obedient. Not obedient enough to stay out of re-education camps though. If he's powerful then my mailman is God's grandpa on muscle milk.
@Aether Racists see the world through skin color. You're mask slipped and hate is showing. Bumblebee tuna.
Remember how dumb he looked sitting next to Elon Musk? He doesn't even own his own business lol.
That room now is either rolling in dough or Halfway suicidal.
lol
naw, half sided with ma yun and the others are ma hua teng goons.
Trader865 incredible comment lol
LOL. Fortunately Ma himself said there were 18 directors in that room and no one quit.
why not both?
Guy speaks like a King Fu master, but became something even more powerful.
Until the government took over. He had to give his life's work, just hand it over. Not saying he didn't make a great business and lots of money. But the "democratic dictatorship" rules all.
@@michaelmurray6577 Of course, they’re so kind to the people, they’ll take it to make sure that you don’t abuse anyone with it. How kind of them to profit off another person’s private enterprise.
@@TechAngelx right? Out of all the comparisons to make, I wonder how he arrived at that
@@bonwei I’m sure they make fun of us for being obese, but I’m not offended by his comment.
@@jacobremillard who's "they?"
I’m surprised by how much he compared his company to Americans, most American Tech companies don’t talk about competing with Chinese, interesting point of view
They ban each other
Because for decades western technology was clearly superior and there were barely any chinese companies able to compete. This is changing now of course.
Bers Tataev That makes sense thank you for the explanation
Coz AMERICA IS ZE BEST!!!1!!!1!!11!
@@tobischmidt1715 They own all of our blueprints so it's not suprise lmao.
"yahoo will fall and ebay will rise." :o *take notes to ma financial predictions in 2018*
thats just an example he gave about the so called internet bubble thing, just saying that maybe a small bubble of the internet dream will burst, but other bubbles will rise because of it, the entire internet will never fail.
The smartest thing that Yahoo has ever done is investing in Alibaba, it has 15% stock shares of Alibaba, which is more than 60 billion dollars, even much more than it's own value.
and maybe ebay will fall and Alibaba will raise.that will happen in the future
He looks like a hard-working alien :)
Tsetsi That alien achieved more then you in life miss.
lol
even alien work hard than you LOL
True thing😂😂
Jack Ma jokes about his own appearance quite often.
"If you can predict the future, you are going to be successful."
"If you create the future, you will be even more successful."
"If you say anything with quote. Everything is true" - Kevin69
"I just realised everything in this commas sounds cool"
If u capable Able and not lazy u will succed
This is what being a leader is all about. Having a clear vision the ability to inspire and motivate. Great video
love the energy
The way he speaks & demands , I wonder how someone could reject him. He is so passionate about his idea & the company culture. Also said so true about Yahoo's fall.
Because companies want workers not leaders.
KFC manager probably got scared shitless by his passion, it's understandable LOL
The smartest thing that Yahoo has ever done is investing in Alibaba, it has 15% stock shares of Alibaba, which is more than 60 billion dollars, even much more than it's own value. I think the CEO of Yahoo bought Jack's words at that time.
Every other startup guy seem very passionate about their idea but end up becoming nothing
Ngl if I was there I think he's gonna end up forcing me to join his pyramid scheme
U probably won’t be there with a closed mindset
@@Rezw.nn14 relax man it just a jokes
@@whiteheavn *When caught pants down, claim you are an exhibitionist.* 😅🤣😅
@@LKINTELLIGENCE stfu bro u think you're slick, it just the trust issue mf jokes
@@whiteheavn Can't believe they took it so seriously. Lol happened to me before when I was saying a riddle and they debunked it like a debate. LOL
Imagine that you listen to this speech before you know this man and his great success with Alibaba. You will certainly have said : "bullshit, look at this dreamer"... 😉
what an inspirational speech.salute you mr jack ma!
wow...the vision and passion to make an impact on the world... thank you for the video...
This guy was simply a Genius, he could see everything no one else could see, even nowadays this 1999 view still ahead of most chinese people.
Notice how he says “we must compete with government agencies”
xOr this video is pretty old....before Snowden thing...I think he assumed it or read got info from elsewhere
Lmao
this is holy crazy to see how far he get and how insightful he was before everything began
would be funny to have arrows pointing to those folks stating which one was on board, and which one rejected the offer.
What a role model. Acknowledges what the competition does well and tries to incorporate it into his own team.
Wow with this 20 yrs ago speech it makes me believe that i too can achieve my dreams
so amazing!! It's so brilliant for Jack Ma to promise the future when Alibaba was actually in financial difficulty.
honestly it is always so nice to see these speeches of forward thinking intelligent people who are ahead of their time and look back on this mentality that made them successful today. It is very inspiring and I hope a lot of people learn from this example and make something of themselves today.
Wow, I'm so inspired after this video!
When you talk about future many will look at you like a fool
Wow
until one day everyone's living in the future he talked about
@Nij Jin Don't be shortsighted, it's always been like that
History in the making. Dreams DO come true if you work hard along with the right team of people
You know, we see these success stories in the media all the time and we love these stories. What we don't see in the media is how many people in his same position and abilities have failed to achieve such success. We love hearing success stories but I can guarantee you this, there are way more failure stories out there but you don't hear about those. I'm not discouraging anyone from working hard to be content in life, but I think we are disillusioned by these great success stories and how if you work hardest, you will achieve a great amount of wealth and fame. Will you be happier and more fulfilled in your life if you work hard? Probably, yeah. Will you be insanely successful as Jack Ma? Probably not.
12 hours of hard physical labor. Sure. Amazing. That what builds it. Not talks and no one cares about people like us. When we wear down we get recycled. Why do you think companies are so big right now?
If we have that kinda 8am- to 5pm spirit it won't be successful... That stuck with me since I saw this video.. Had to implement that into my life.
+Son Goku Successful always ready to go extra mile that others not willing to go!!!
No pains no gains!!
chances are chances. this is more worth it than a lottery. wtf does a lottery do? it gives you money. going through with a startup is more than just money and success, its a positive experience and at the very least you have put forth a competitive spirit that will make the successful companies even more competitive than you are. the entrepreneurial spirit itself is one that I want to aspire for.
not being busy. but being productive
Jesus you kiss your mother with that mouth?
@@shooting4star2023 best comment ever
Everyone that denied him must have deep regrets today.
Hope they do...
Yeah they prob say I refused him a job as a janitor so he could go out and make a billion dollars lol
If I were 15 years older and heard this, I would back this kid's IPO in a heartbeat. Talk about a low risk, high impact leader.
8:00 A.M. - 5:00P.M. mindset will never make you successful.
Tony Villagra but 6-14 will
6 A.M - 10:00 PM will
Jonnie Yanda its just corporational bullshit talking for workers to make them more efficient and believe they can achieve something...those who have power are not willing to share it with others
It's just how smart you are in taking up an opportunity
You don't know what you are talking about. 1. Life is not all about success as you may define it 2. Success isn't always achieved by working long hours 3. He's talking about running a company. You think the only successful people in the world are those that are the head of companies or those that work longer than 8-5? You need to work to achieve your dreams and definition of success. That doesn't mean you work a set number of hours. You work to accomplish your goals. Maybe that sometimes means 8-5 isn't enough.
Strong and motivating speech!
Thats a good leader!
This footage is pricless, I wish for more. 👍
I feel like crying 😢
Infact this man will never fade out
wow that was an amazing video except the part where bloomberg put the advertising over the subtitles so I couldn't read it half way through way to go.
Very inspiring
This guys very insightful and driven. He should start a tech company
当年开会的 但没坚持到公司壮大就退出的 看一遍 哭一遍
Like he knew the future... So convincing and passionate....
remember everyone this video was filmed in 99' when yahoo was like facebook back then but this guy knows that Yahoo will fail
Oh come on... He just threw random major company names and said that they rise and fall, so that his employees don't worry about the short term failures Alibaba might have and to focus on the long term. He didn't actually predict anything.
@@Mr30friends I think he literally predicated everything, ironically
Wow. He had the vision. Now in 2019 Alibaba is one of the top Company in China or you can say in the world. He inspired lot of people beginner entrepreneurs
The dream of the internet won't burst
-Jack Ma
Respect.
Wow...一个打十个。。你说得到做得到。。你真的很强。。
He has brought new life into me again
Thanks for this video
if this guy was 6 foot and white, he'd be hailed as the greatest businessman in the world
Hahaha “hard working spirit of Silicon Valley” boy how things change with time
Now sillicon valley talks about Shenzen
Now sillicon valley is a dying slowly. Fortunately
Full moon would fadd
Jack Ma: So the goal is Alibaba will IPO in 2002.
Xi Xinping: Hold my 2020.
Comment👏👏
Amazing vision and focus. Well done that man!
“Crypto currencies will grow bigger and bigger. They are not a bubble”, random Zoomer emulating Jack Ma in 2021
But they are.
And thats 100% true
not true crypto is bubble!
And when he went applying for a job, no one wanted him
Im from Vietnam and this video makes me cried
what makes you cry
Cauz he s too ugly?
How to you pronounce the third word in your name?
@@yaomu9726 hahahz
An Alibaba ad showed up before this video played.
Well done. /s
One of the greatest man of 21st century Jack ma .
What he says is totally right and reasonable.I believe his spirit can change China and this world a lot.
if China can success, every country can success. Im chinese and also a global citizen
Only two things were there , clarity and energy , which was enough to make him successful.
The clarity he had was remarkable
That is why he is running the biggest e-commerce company right now cause of his passion, dedication, hard work, and understanding of business very deeply he is now the best one and this is kind of video which i was looking for and it accidentaly came to me man i loved it and bookmarked this page for my present and future so i am coming jack ma sir
And 15 years ago Jack Ma had a vision, an idea, a plan. It took a little longer that IPO, but it's here now.
It did take a lot longer for them to get their first IPO, but it shouldn't be confused with the NYSE IPO of this past week, in 2007 they listed with the Hong Kong Stock Exchange, that was their very first IPO
I actually glad it took him longer to get IPO. I don't want him to sell it too cheaply.
1:10 guy in the middle: looks like chinese elon musk
Elon musk looks Chinese himself
Yeah I agree 😆
Most inspiring 2 minutes of my life
Thanks for that motivational message
"The dream of the internet won't burst."
I’m so glad no one would hire this guy. He used those rejections to revolutionize the world.
This is really inspirational actually
One of The Best Talks said By Jack Ma.
And to cut the story short, people in this room were BILLIONAIRE right now.
No . Many didnt buy into his ideas and goals. To their ow greatest regret
Jack Ma isn’t revolutionary, he’s just a survivor.
He is a visionary. He knew that China wouldn't let American company to take away all money from chinese people
Just wow - i was engaged at every nano second to his speech!
Probably because you are simple.
Wow it’s 2019 this was magic
I tried this once few years ago no one heard me and now after some years they are very happy ! :-(
u mean your workers?
Jack Ma is a legend.
A great orator and leader who speaks inspiration and moves people emotionally
It's not just his vision that make alibaba success. It's also the working hard spirit. He knows if you have 8am - 5pm working spirit you will not be success, it is just like employee's spirit.
Looks like a battle room..... a leader preparing his warriors before war
This salesman nailed the speech, he should try to make a startup.
Yeah, he could be a billionaire
He could get so powerful that he is banned from speaking his opinion in China.
*Very passionate speech.* He was young and ambitious. Made a simple mistake of the very driven people.The issue is that creativity is at the core of software development. It's not farm work or laying bricks on the road. Sleep and recovery time is essential for building stable software companies.
He was correct on the Yahoo going down :-) As more and more content will be on the Internet, the new content will have to compete against the old one that people might want to see first.
That's a Full MBA Crash Course, right here in barely two minutes.