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Jack Ma steps out from the shadows with morale-boosting post

reuters.com

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Re: Jack Ma steps out from the shadows with morale-boosting post

#2
Just going by appearances, the story at the time looked a lot like Jack Ma fleeing the country for a bit. One minute he was disturbing the tranquillity in China then the next he was picking up some Zen among the cherry blossoms.

It is interesting to compare-and-contrast Jack Ma and Elon Musk who seems to me the nearest analogue in the US. How their host countries treat them says a lot about the real cultural differences between Washington and Beijing. For all America's problems - at least up to Trump level annoying the politicians - it is safe to build wealth in the US.

Re: Jack Ma steps out from the shadows with morale-boosting post

#4
post #2

Just going by appearances, the story at the time looked a lot like Jack Ma fleeing the country for a bit. One minute he was disturbing the tranquillity in China then the next he was picking up some Zen among the cherry blossoms. It is interesting to compare-and-contrast Jack Ma and Elon Musk who seems to me the nearest analogue in the US. How their host countries treat them says a lot about the real cultural differen…

China is still ruled by communism, the goverment has a majority share in every company.

That's bad for entrepreneurs, but also means that they can have the entire power of CCP behind them. There are tons of example where a small company started by stealing from western competitors then suddenly produced a huge pile of cash out of nowhere to bought those competitors and took over their marketshare in the west.

Re: Jack Ma steps out from the shadows with morale-boosting post

#5
The last blurb in the article is the most damning part.

"Ma spends much of his time abroad, especially in Japan where he is a visiting professor at Tokyo College, a research institute run by the University of Tokyo"

Jack Ma has no hope for China, as evident by his action. The long internal post may have been requested by the Chinese government, or his staff, to somehow rally Alibaba's failing image. But Jack sees the real pictures on the ground in China. And he chooses Japan.

And the young in China knows it too. That's why the young are laying flat. and sneaking through Mexico into US. and fleeing to Cambodia and Myanmar for work.

Re: Jack Ma steps out from the shadows with morale-boosting post

#6
post #4
post #2

Just going by appearances, the story at the time looked a lot like Jack Ma fleeing the country for a bit. One minute he was disturbing the tranquillity in China then the next he was picking up some Zen among the cherry blossoms. It is interesting to compare-and-contrast Jack Ma and Elon Musk who seems to me the nearest analogue in the US. How their host countries treat them says a lot about the real cultural differen…

China is still ruled by communism, the goverment has a majority share in every company. That's bad for entrepreneurs, but also means that they can have the entire power of CCP behind them. There are tons of example where a small company started by stealing from western competitors then suddenly produced a huge pile of cash out of nowhere to bought those competitors and took over their marketshare in the west.

Do you have examples of such companies? I'm curious to see which industries they were in.

Re: Jack Ma steps out from the shadows with morale-boosting post

#7
post #2

Just going by appearances, the story at the time looked a lot like Jack Ma fleeing the country for a bit. One minute he was disturbing the tranquillity in China then the next he was picking up some Zen among the cherry blossoms. It is interesting to compare-and-contrast Jack Ma and Elon Musk who seems to me the nearest analogue in the US. How their host countries treat them says a lot about the real cultural differen…

[flagged]

Re: Jack Ma steps out from the shadows with morale-boosting post

#8
post #4
post #2

Just going by appearances, the story at the time looked a lot like Jack Ma fleeing the country for a bit. One minute he was disturbing the tranquillity in China then the next he was picking up some Zen among the cherry blossoms. It is interesting to compare-and-contrast Jack Ma and Elon Musk who seems to me the nearest analogue in the US. How their host countries treat them says a lot about the real cultural differen…

China is still ruled by communism, the goverment has a majority share in every company. That's bad for entrepreneurs, but also means that they can have the entire power of CCP behind them. There are tons of example where a small company started by stealing from western competitors then suddenly produced a huge pile of cash out of nowhere to bought those competitors and took over their marketshare in the west.

/Personally/, I’d attribute that more to authoritarianism than communism, but the two have been commingled since Lenin so it’s not necessarily an important difference.

Re: Jack Ma steps out from the shadows with morale-boosting post

#9
post #7
post #2

Just going by appearances, the story at the time looked a lot like Jack Ma fleeing the country for a bit. One minute he was disturbing the tranquillity in China then the next he was picking up some Zen among the cherry blossoms. It is interesting to compare-and-contrast Jack Ma and Elon Musk who seems to me the nearest analogue in the US. How their host countries treat them says a lot about the real cultural differen…

[flagged]

I'm not aware of this either. Maybe he is, but I was under the impression that he was simply another billionaire

Re: Jack Ma steps out from the shadows with morale-boosting post

#10
I was listening to Nicolai Tangen's interview with Alibaba co-founder Joe Tsai:

https://www.nbim.no/en/publications/podcast/alibaba-co-found...

Alibaba co-founder and Chair: China, Jack Ma, AI and basketball

And while smart and sympathetic, I cannot help to think that Alibaba is a company of the past belonging to a time of a certain US-China order that is no more. The future of Chinese tech belongs to companies that are much more fast moving, fearless, and aggressively deep tech than what Alibaba aspires to be.

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