What REALLY Happened To Jack Ma & Alibaba?

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The INSANE story of Jack Ma, and the story of Alibaba. Today we know him as Jack Ma, but back in 1964 when he was born in China, he was called Yun Ma, and it was a foreign tourist who suggested he use the English name Jack Ma. However, Jack Ma's beginnings were extremely humble - so the story of how he built Alibaba from nothing and grew the company to be worth billions of dollars is incredible. In fact, Alibaba had the largest IPO in history when it began selling shares on the stock market. And Jack Ma's other company, The Ant Group (Alibaba's fintech sister company) was also due to have the largest IPO in history - however events in China meant that was abruptly cancelled. And instead people began to ask: where is Jack Ma? This is the crazy story of Jack Ma & the rise of Alibaba! (Aka the rise & fall of Jack Ma). We'll also be looking at how Alibaba became a conglomerate, including its initial funding from Goldman Sachs and Masayoshi Son (Softbank) along with their launch of Taobao and business battle with eBay. The story of Alibaba is pretty crazy, and I hope you enjoy.
⌛ Chapters:
00:00 The Rise & Fall of Jack Ma & Alibaba (INTRO)
00:45 Jack Ma: Serial Failure (PART 1)
06:17 The Rise of Alibaba (PART 2)
12:52 Taobao vs eBay (PART 3)
17:55 Conglomerate (PART 4)
19:43 The Downfall of Jack Ma (PART 5)
DISCLAIMER: I'm not a financial advisor. I may receive a commission on affiliate links used. All content used within the parameters of fair use. Please view our About page to contact us.
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[@MagnatesMedia]

Lately I’ve been posting more regularly (not difficult given I used to post like once a month 😅!) but in case you missed it, here’s my video from earlier in the week about Rolex: The most secretive company in the world: kzbin.info/www/bejne/f5PaiqiKbcSWZpI ⌚👀 Also I know my voiceover audio needs improving - I’m definitely working on that for future videos. 👍 And finally, don’t forget to check out AppSumo (it’s genuinely really useful): social.appsumo.com/magnatesmedia-tidycal - if you run any sort of online business, you’ve probably noticed you end up with a bunch of different software/subscription payments every month, right? Well with Appsumo you can get lifetime deals at ridiculously discounted prices (like sometimes 90% of the normal price). I’ve got multiple deals from here myself which is why I reached out to them to be a sponsor. And if you use my link you get an EXTRA discount on top of their normal discount (the discount applies to any product, not just TidyCal). Only for the first 100 people though so be quick!

[@dylancode]

You're my favourite KZbinr now (seriously)! You really deserve to be more well known!

[@mfl3500]

Just finished the Rolex one yesterday, amazing to hear the whole story. Another superb video mate ❤️

[@mondli]

Did I just read this comment in John's voice?😂

[@TheTrueDragonSlayer]

bro how do u even sleep at night

[@maskontub8003]

Is this foreal

[@johdo9953]

I like his response: people think he is dumb, but he knows what he is doing.

[@bigcat8905]

he looks dumb but he is not

[@tienbl]

Yes, I really like it

[@khodahh]

Elon Musk knows how to sound intelligent to a certain audience, Jack Ma is just Jack Ma to the world. He comes from a truly modest background, his genius doesn't need to be proven.

[@chesshooligan1282]

"Sound intelligent"? Implying he isn't intelligent or you're more intelligent than him?

[@khodahh]

@@chesshooligan1282 Not saying he's not intelligent just saying that he might not be as intelligent as he wants us to believe.

[@buyungadil1]

Doesn't matter that Jack doesn't sound intelligent all the time or that Elon is the world's foremost stutterer. The proof is in the pudding, not the size of the saucepan.

[@nestorjrabalos1998]

@@chesshooligan1282 Elon Musk is a con-man, that’s his intelligence, not what he’s trying to portray.

[@CW-rx2js]

@@nestorjrabalos1998 agree

[@TheJoel28face]

I honestly find this story incredibly inspirational, and scary. Somebody that was so successful, that made good decisions, and the whole forest grump thing. .. makes a lot of sense. Somebody who had advisors, who he listened to,and he did what they said ....I dig it!!

[@hustlecoder1673]

he did good decisions but in the end he felt he is more than gvmt so that was his worse decision

[@justarandompepe8961]

@@hustlecoder1673 he didn't feel he is more than the government, he simply said they are incompetent when it comes to finance. you can call out a fault in someone or something, without thinking your better or above them. criticizing your government isn't wrong at all, its only wrong when its a communist country. we say much worse on a daily basis here in the US.

[@jasonlucas2328]

The rumor was that he was raped front and back simultaneously in prison for days. After that, he's been timid.

[@eric-nd9yy]

he is very lucky meet some Taiwanese's know how, because in mainland China no one have much knowledge about computer science

[@emilygu2840]

​@@justarandompepe8961 First I don't think it is correct to say communist country, unless you mean China. Second, it is not completely wrong in China as well. People complains and say worse things about the goverment as well, but it is not recommended to make it public, not to mention someone like Ma so famous, smart and trusted by millions of Chinese. PRC is a country with a flag represents unity of all the Chinese ethnic groups, all the classes, under the communist party, so there is nothing wrong that stability of the sociaty is the main focus on every level.

[@topspot4834]

My Dad told me a long time ago "it's not about what you accomplish, but what you overcome." I think about that almost everyday!

[@chrisrowe6340]

It's not about how hard you can hit but how hard you can get hit and keep moving forward. That's what winnings about, Yo Adrien!

[@stone-hi3jk]

really deep and inspiring words❤

[@bad_money]

"Woking from 9 to 9, 6 days a week is a blessing" is what he said. He actually forced his workers to do that. Because if you don't do that, someone else will. Then you are fired.

[@keeptryingtop]

This is a very common practice in China. yet we see American workers whine every day about 8 hour shifts and how the capitalist system oppresses them. Let them live in beautiful communist China, where the state literally owns you, where you have to work for 40 years to buy your home (at the same time, after buying you only get housing for use for 75 years, after which the state takes it away), and where for any criticism of the ruling parties in the social network, the goverment will deprive you of any privileges. Your standard of living directly depends on how unique work you are doing. A cashier at McDonald's has a shitty life under any regime and in any country. I am not trying to describe here the solution to the current problems of capitalism. I just wanted to say that his alternative in the flesh will be much worse, because we have had and still have examples of how the communist concept is slipping into dictatorship, repression and restrictions on human freedom. While people in the West swear and argue with each other endlessly, China is conducting a covert expansion of the Western world, planning to completely subjugate the world market and the global media space in the next 30-40 years (and they are successfully implementing their plan with applications like tik tok or discord and with endless cheap production. That's why they need Taiwan, because the latter produces almost all microelectronics in the world). Russia has already put the whole of Europe on a gas and energy needle and, relying on it, does what it wants. As a result, the "modest East", which does not endlessly talk about idiotic topics like the oppression of transgender people, but works together for a common goal, successfully takes the entire West hostage. And, judging by the ongoing stratification in the Western bloc, this does not bother people at all. If only gas was cheap, tik tok videos were funny and goods from aliexpress arrived faster... P.S. And for those who like to oppose the property tax in the United States - China has it too. This is how any city in any country works. Without taxes, there will be no one and nothing to serve its entire infrastructure, develop new directions, repair roads, sidewalks, etc. And yes, under absolutely any regime there will be a stratification of society into the poor and the ultra-rich. It's inevitable, it's human nature.

[@ruthlessrude6014]

@@keeptryingtop you my friend have my like. It's quiet true. I'm from a Chinese background. The only benefit they have is that afternoon break. Lol. 12-3pm lunch.

[@Savariable]

@@keeptryingtop wow, nice argument, one thing can't be bad because this other thing is even worse. This argument won't solve anything, all it does is make people who are in the "good" situation feel guilty for struggles they have because others have it worse. Its not a competition. I do think what you are talking about is important but using it to discredit other people's struggles is just not good.

[@ThisJustin_87]

@@Savariable classic "whataboutism" in a feeble minded attempt to have a "gotcha!" Moment. Because often when ppl do this it shows they really don't care about either situation.

[@Premier-Media-Group]

Yep....the 996 kind of life.

[@loganwork7024]

It's ridiculous how much better your production quality is than most much larger channels

[@neanda]

Another documentary so soon? Thanks guys, but how do you sleep? When I see a new release from you, I actually get prepared with beers and snacks like it's a new release from a TV series or movie I've been waiting for. You're creating content that better than a lot of the shit that those mainstream production houses come out with. Keep it going guys, you're onto something very cool

[@chirara1071]

So underrated!

[@FreedomChasingMedia]

I love this comment 😂

[@vunguyentr5561]

lol are you Jack Tran subscriber

[@sel1476]

Spot on! This is so relatable XD

[@ultimatereveal1687]

@@vunguyentr5561 Seems like it 😂

[@smooveayy]

A lot of businesses buy their entire stock from Alibaba then resell them at much higher prices. This is what will keep Alibaba in business for many years to come. The fact that you can start a small makeup business complete with customized branding and design your own products is amazing and many people in different countries use that feature. I had no idea Jack Ma had such a humble upbringing and was a failure at school. In the West it is always smart people who rise to the top. His story is encouraging.

[@smooveayy]

@QuantumMeme I meant school smart, like grades and the like. In the video he says that it was difficult for him to graduate form high school and all that. Compared to the others who went to MIT and Harvard and all that. As in typical smartness.

[@krozareq]

Yep. Used to be part of a co-op where we would pool our money together to do big purchases of bedding from Alibaba sellers. Was pretty decent money but politics and people in the co-op getting lazy kind destroyed it.

[@user-wr8bs8vx9r]

I know someone like this! (I wish I was like this lmao, I too failed school) He is very very intelligent. Has smart abstract ideas that no one else has done something out of (apps, programs). He didn't finish primary school which is mandatory in Sweden. Yet this person has worked tons of different jobs (yet when I go searching, everyone require high school/secondary school edu?), he has very much experience. BUT. He also struggle with ADHD, dyslexia, dyscalculia... And add the fact that he didn't even finish primary school. Unfortunately. AND people will take you less seriously if that fact is mentioned! :/

[@rogerargueta5769]

In what "West" is it "always" the smart people who rise to the top? In the U.S. it is usually the most corrupt and sociopathic people who rise to the top. And always by eliminating any competition.

[@vishalsahu211]

^For Business & sponsorship inquiries.

[@cowl6867]

The media gave me a bad perception of Jack Ma. I had no idea what a fantastic man he really is. My heart goes out for him and whatever happened to him

[@janukov1c824]

The guy is a complete idiot, watch the interview with Elon. But you can learn alot from his story, even if you‘re stupid and have no talent whatsoever in anything, persistence is key.

[@superioreyecare4150]

Jack Ma is a very bad guy, not what you think.

[@galacticlava1475]

@@superioreyecare4150hiw

[@Nobody-mn8nf]

@@superioreyecare4150 how?

[@oldaccount1194]

@@superioreyecare4150as if other billionaires are any better lmao. They are all the same in the end

[@leenderthakvoort3718]

Good vid bro, you clearly put a lot of effort in your videos. It's highly appreciated, keep the good vids coming please.

[@sel1476]

The amount of perseverance he had is insane, really does inspire to not easily give up. It really showed that with every set back he had, it powered him to work even harder. Thank you for the amazing content, one of my favourite channels to watch. The amount of info compiled and edited to transition so smoothly is amazing! Hopefully this isn’t a trade off with rest 🥺

[@christopherpetrov2355]

Even a Donkey works hard and hustle everyday. Remember, its easy to get Rich but difficult to be there. And Jack ma is a live example 😂. It reminds me of Vanderbilt family😂😂

[@juanlu3958]

Do you guys even understand what will happen to him and his family memebers if his owner fall?They all gonna die amigo.

[@topspot4834]

@@christopherpetrov2355 Life isn't about what you accomplish, but what you overcome. Learning from others mistakes instead of your own is key.

[@techtv8141]

Sometimes i watch your video's not because am interested in the topic but because it feels like a movie, your every video is better than the previous one, story, narration, editing...... just everything . Keep it up♥️💟!

[@vishalsahu211]

❤ ^For Business & sponsorship inquiries^

[@KethavDoesStuff]

You're genuinely underrated. I hope you are more well known soon!

[@hellomoto888]

Stumbled upon your channel through one of your uploads about Instagram & I've been hooked since. This is such a gem of a discovery! Keep doing what you're doing 💪🏻💪🏻💪🏻

[@vishalsahu211]

^For Business & sponsorship inquiries^^

[@leannewalker1422]

Your videos are so well produced and the editing is *mwah* chefs kiss. ❤

[@woodguy2103]

Quality of a company produced podcast coming from one man, keep up the content

[@vishalsahu211]

^For Business & sponsorship inquiries^

[@amrayabaptiste2933]

So sad what happened to Jack. I'm routing for him because of his humble beginnings and how he was able to overcome. I love your content and storytelling skills. Always. I hardly subscribe but I have and I keep coming back because your content is intriguing

[@jayd_games]

Good for him

[@geo5106]

Yes. He’s not as powerful as he used to be. But he’s still very well off. He has still has more money than any person needs

[@tariqulislam7051]

you mean jake tran?

[@vn01208503]

@@tariqulislam7051 wut? its jack Ma, not jake tran

[@MrNajibrazak]

He is a sociopath, having met him i won't say that he is the total opposite from the likes of Xi.

[@diveloved1933]

I can’t stop watching your videos! They’re SUPER addicting. I work by myself fixing homes and You my make my days better. Feels like I’m being productive and learning at the same time. Your awesome man! Best KZbinr I’ve ran into! And I’ve been using this platform since 2008.. Your videos inspire me and motivate me to keep Perusing Wealth and create business ideas! 💡. Thanks for all the work you put and research to provide great videos! I hope it’s paying off! If not, it will eventually 😎👍✌️

[@conrado.]

Thank you for the upload Mob love from Kenya

[@joshuaola-oluwa7777]

Wow! I was almost going to beg you to make a video about Jack Ma!🤛😂😂💖💖💖. Nice one John💯💖😍 thanks.

[@mfl3500]

Mate, your videos are fantastic, keep it up. That infamous chat between Jack & Elon was so awkward, but kudos to Jack, he did build an absolute empire and so good to see the removal of (most of) the counterfeit stuff on the ali websites

[@phil1761]

I've just discovered your channel and It's crazy to think you're channel is not that big yet or didn't blow up cause the quality and the production of your content is phenomenal, it's like watching a high budget documentary. Keep up the great work tho.

[@mfl3500]

Yeah agree, this channel should definitely blow up, superb work

[@nyx019]

Hopefully he doesn't become Jake Tran 2.0

[@tanssi2145]

It would be bigger if he didn’t end every sentence ‘like this-ehhhrs’ like have you ever heard anyone end their sentences like that? It’s so jarring and you can’t unhear it

[@ONUCHEJAT]

He is big.. someone with a million views, how big can someone be

[@jakec3656]

What surprises me is that Jack Ma has suddenly become an inspiration, whereas this was not the case a few years ago. In fact, some claim that Alibaba is government-owned when that is untrue and accuse Jack Ma of being some kind of spy for the Chinese government. Now you want to say Jack Ma has always been an inspiration? Give me a break. Growing up in the USA, anyone who was Chinese was labeled as a spy, both Chinese overseas and Chinese Americans. In fact, that is why there is Asian hate now, because all these Americans have this idea that if you are Asian, you are a spy or some alien from another planet. Basically, being Asian means they are outsiders.

[@user-lxkwyql]

I see a MagnatesMedia video, I click Keep up the good work I watch every one of your videos :)

[@KingsleyOkeze]

I see what you doing with the frequent posting!👏👏🔥

[@radoslavk.2229]

The videos keep getting better and better

[@Nuffinkness]

I’m watching this channel religiously now! Good content❤… I’m on KZbin premium for the first time now and it sounds like a podcast when I’m taking a nap👌👌👌

[@fadelyaya3873]

Great one. Thank you Magnates Media

[@meriwald1329]

The level of video production is outstanding. Thank you for such a nice told story

[@vishalsahu211]

^Let's Talk^

[@TheCalimero96]

Man your videos are really good. I watched 2 of them.

[@ken-ls2vc]

I love the rate at which you are uploading new content...

[@jonathanlotobi]

content keeps getting better and better

[@xox14]

This channel keeps getting better and better WOW

[@baconhairmaster]

It’s insane how much you have posted all the content is great keep it up

[@lizazagirova]

Never skip any of your videos. Great work!

[@MotorTorq_ZA]

I’m so happy your posting more often

[@thomassutherland5188]

Best of the best in documentaries. Thank you.

[@ArtByHazel]

I love Jack’s resilience, patience and persistence.❤

[@jakec3656]

Many years ago, this was not the case for many Americans. Americans weren't just accusing Jack Ma of being some kind of Chinese spy or pawn for the CCP; they also accused his company, Alibaba, for the same reasons. In fact, the USA has imposed sanctions against Alibaba. Americans weren't just accusing Jack Ma of being some kind of Chinese spy or pawn for the CCP; they also accused his company, Alibaba, for the same reasons. In fact, the USA has imposed sanctions against Alibaba. In some cases, any order placed by Americans was blocked from being shipped into the USA.

[@tsiyu1695]

Great video. As a Chinese, I can understand why jack ma said he prefers to call it alibaba intelligence. What he was trying to say was that human being have soul, they know what and why they are currently doing. Artificial intelligence may much more efficient and smarter that human beings in predicting and decision making. But human being have desires and dreams, they are always fighting for what they want.

[@edwinwong2423]

Great content and your videos are great 👍🏻 Keep up the good work! The voiceover is great, no need to change it.

[@vishalsahu211]

For Business & sponsorship inquiries^

[@belindah9790]

Very interesting Great and thorough job I’ve subscribed Can’t wait to watch more

[@kianhui86]

The moral of the story is: stay humble, stay true to your founding values. Don't be cocky.

[@vladimircurkoski1455]

I really admire his persistence

[@radoslavk.2229]

You are literally my favorite KZbin channel

[@joemuia3495]

I was opening this channel to repeat the NESTLE doc , only to find this new one, thanks 😊

[@lisaollie4594]

China just came out with a better tone toward their tech industry and markets. Assuming that geo political events do not get worse between the USA vs China. I am making a Long term asset accumulation bet on BABA.

[@glenbert1396]

Yep, good Talk. 2022 will be a rollercoaster for sure. Stocks valuations are at an all time high while at the same time we have the threat of inflation, rising interest rates and supply chain and productivity issues to deal with. Something is going to have to give. I think it will be the Markets that will have to correct. How much and when - who knows. Sanity hasn't prevailed in this bear market and I suspect it wont prevail in a correction/crash.

[@baileymclean8186]

I hope everyone have their cash ready to jump in at the right time. Secure your financial future with calculated moves. The stocks market still remain your best bet in becoming a millionaire.

[@lisaollie4594]

@@baileymclean8186 The market is an individual sport and to be successful in this uncertain market there is no secret sauce , its all abt mindset, patient and good habit . The best way to outperform the market , yielding good returns and reduce permanent loss of capital and portfolio overall volatility is to get an investment advisor . Based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $700k from an initially stagnant reserve of $300K in barely 2 years

[@glenbert1396]

I never knew advisors are outperforming the market and yielding good returns . Please how do i reckon with a reputable investment advisor, Any tip? i wouldn't mind lookup the one that helped you

[@lisaollie4594]

@@glenbert1396 They are reputable advisors out there . The advisor i employed is Theresa Mary Chamblee " whose skills in portfolio growth are unmatched and clientcentered . You can do a weblookup on her using her fullname. Also, she is verifiable across various Advisory bodies; like FINRA & SEC

[@Kinta8888]

getting rejected by a KFC is an achievement at it self.

[@bc-guy852]

Very impressive. I always enjoy your episodes. Thank you for your efforts and attention to detail.

[@DriveWheels]

I like your impartiality throughout your mini movies. Dope work dawg

[@Gudha_Ismintis]

a bit harsh calling him crazy (on your thumbnail) - his perseverance is inspiring to say the least

[@vishalsahu211]

^For Business & sponsorship inquiries^

[@19MadMatt72]

First heard about Alibaba at an NHRA race. They had some top fuel dragsters.

[@Rneutro]

Dude, you're amazing. i watch all your videos, i'm your fan!!

[@rodrigueznhachi9500]

Thank you for another video

[@LaurentiusTriarius]

It's funny how he's fluent in English in some occasion but then he speaks like a 3 yrs old days later. How many Jack Ma are left. The bigger question who's Jack Ma now, where is Jack Ma.

[@Iron-Bridge]

Life Model Decoy technology. Pretty sure a number of billionaires already use that.

[@tripcave420]

You are what Jake Tran wishes his channel was! Keep up the good work!

[@jaelo00]

Ikr.

[@Iron-Bridge]

Absolutely. Dropped Jake and subbed here. Just the facts and very engaging.

[@ThePodiums]

Magnate I love you. You're really an inspiration, and maybe one day you'll make a movie on my success story- thanks for the hard work you put in to your work. Pls neva stop.

[@TchSktch]

I normally don't mention anything regarding intros, but that was super good. Hooked me in

[@ravenkushner]

Wow, what a story! I hope he's okay. This is why government policy (and power dynamics in general) matters. Your life can be ruined in an instant. Thank you for another great video.

[@vishalsahu211]

^For Business & sponsorship inquiries^

[@PerceptiveAnarchist]

Thanks for this great and intresting video

[@rexbear4607]

I'll watch every video this channel creates. ❤️🤗

[@topspot4834]

That "sense of smell" when investing is a very real thing. Just watch Shark Tank, a lot of times they invest in people instead of products. In 2002 I just graduated college and was living with my parents while working at one of the larger investment firms. I remember when ipods were getting popular, and when my mom saw I had them, she said "do I need one of them?" It's a story often told in my family, but the next day I started investing a portion of my paycheck into Apple stock (via my Roth IRA). From 2002-2008 I put approximately 3% of my disposable income into it, which turned out to be a smart move. Didn't know any of the fundamental or technical analysis, it just passed the smell test 💯✌️

[@vunguyentr5561]

Jack is the most capable entrepreneur to influence the future of Chinese financial systems but his moves are too risky and impatient. If he decides to play the prolonged strategic game then things would play out differently

[@junbug1love]

Awesome documentary as always

[@P7UHP]

Thanks for the nice job!!

[@ZedOne99]

I really used to enjoy Jack Ma's presentations, he seemed like a honest & humble human. Even though he had all that wealth he never forgot how he was treated b4 the money.

[@kartikagarwal3955]

i never saw such a great documentary on jack ma. I always thought how he competed against ebay etc, and how did jack ma who was so poor, able to compete in the segment needing lots of upfront cost for marketing.

[@avrecords2279]

Great content !

[@camolalt]

Keep this up king 💪😀

[@aaronwalcott513]

Jack Ma may just be simultaneously the quintessential inspirational tale, as well as cautionary tale. What a story! What a tragedy!

[@jolo3118]

I'm stuck. I so want your channel to blow up and be hugely successful but the selfish part of my brain loves that those of us here know a big secret and are part of it. Lol. I do tell people about your channel and how awesome it is.

[@Iron-Bridge]

Yeah. Don't want this channel to be Jake Tran 2.0.

[@SparrowTutorialsFun]

Channel Is Growing Exponentially! THANKS FOR YOUR QUALITY VIDEOS!

[@leodelbelaro3396]

Interesting. What an incredible idea so brilliant and inspirational..

[@sirscarez]

I lived in China for many years and I used Taobao all the time, it’s amazing, you can literally buy anything

[@bobtaylor8641]

Jack Ma has left Alibaba. He has gone to places far away from China.

[@demorbe-official]

I love how consistence you are with your uploads. You not compromising on the quality. Credit for you John The story of Jack is jhus insane. It's full inspiration showing that with commitment and not giving up that you can reach your ambitious it's the true definition that failure is apart of success. And also crazy how he disappeared he from the face of planet.

[@toogleboat]

Great channel!

[@mechajay3358]

Really respect his persistence that led him to the top. He could've stayed there if he worded his criticisms to the Chinese Government in a way that didn't come off as attacking them.

[@slamjackson2137]

Jack Ma’s criticism of the Chinese government is perhaps the most intriguing part of this entire arc. Surely he must’ve known there’d be some severe if not dire consequences. So either a) he is kinda that dumb, or b) that was his way of voluntarily stepping down from the company because he was done. I’d like to believe he knew what he was doing, but we may never know.

[@The_Conservative_Latino]

Yup, can’t bad mouth the Chinese government they’ll make you disappear and take everything you have

[@jamesjohnston1297]

As a Brit living in Shenzhen, I've loved your videos on Alibaba & Tencent!

[@Stitchblz]

Do you edit your own videos? Am addicted!

[@sohaib8694]

Alibaba made us able to make money by security buying lots of goods from China and sell it on multiple e-commerce platforms specifically on Amazon. It created a fortune for us in last three years. Thank you Jack Ma

[@failuregaming6611]

Drop shipping skum

[@mbuvimichael]

Imagine being his student or worked with him in his government job then seeing him become a billionaire in a few years

[@nasyat]

damn. i really really love the way you tell the story, sir!

[@moeshawky4002]

In my mind, II'm just in the failures chapter of the MagnatesMedia video that will be made about me, the story of Jack is really aspiring, thanks MagnatesMedia for making me strive for something greater.

[@justinmocio4618]

I failed the personality test at k.f.c when I was 16.....this is inspiring

[@Bradersd]

Your videos are amazing good sir

[@mohakahuja8541]

❤️nice case study

[@dm203]

well... i don't think it matters if Jack got accepted into that 30 different job or not. in the end, he still has a job before he founded Alibaba. the idea is in him. but buying anything from AliExpress is a big no for me. i tried a few times. the items i purchased went missing. and luckily AliExpress did gave back my money. that is after their terrible english that puts me under suspicion. but it's hard to buy anything that is not sold by a scammer in AliExpress. and if the item really shows up. it took more than 6 months to reach me. i decided to give up trying to get anything on it. and also, the taxes to get item from AliExpress was raised by my local gov. that became another nope. not worth it.

[@Killdroid96]

Honestly I watched a few interviews with this guy and I don’t know how he succeeded. The man does not seem to be very bright yet is a great businessman.

[@devanman7920]

Ya I know. Seem some interviews and he came across like a total dope but like he clearly isn't.

[@caiseejc]

Huge investments from other people. That’s how you really succeed 😏

[@CW-rx2js]

He holds back....

[@typ3998]

I fell in love with this channel

[@googLi-mm1id]

I hope Jack is happy no matter where he is. Truly a gem ❤

[@jianyinhuang9974]

First of all, i think you did a great coverage of Jack ma and his background, but there is something that you didnt know, or maybe didnt dig hard enough. Jack ma family is not as poor as u say, his father is the chairman of music & art association back in zhejiang china, even before that, he is a famous artist and calligrapher back in those days. Jack ma has access to computer & internet way ahead of many people at that era which give a huge head start before anyone else. Secondly, if you are talking about ANT group, what u cover is probably half of the story...the second half of the story is that he is trying to manipulate the market with just 3million RMB and leverage to a crazy amount of 1000X or even more...which will be jeopardizing china economy if anything goes wrong...Even he did not make the speech about chinese finanical oversight & making critical statement about the regulations, he will still be pegged down as he will create financial bubble and making new ways for foreign capitalism to come in and control chinese investor wealth...when that happens, chinese government will have a hard time to solve this problem. I am not a PRO-CCP but that the government is doing is to prevent capitalism taking over the country. To be honest, look at US government and congress, guns and fire arms banning movement has been said and even promote to a country level which wish to make it happen for a long time, but what they do not see is the wealth and profit that is linked to all the governors and senators. so you tell me if the chinese government has do anything to give a false accusation to their own countryman?

[@RajeshRodrigues21]

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[@milesmila3724]

Accurate

[@MeiinUK]

So basically Any got into trouble because it didn't have the right kind of people. Conflicts of interests basically.

[@VenturiLife]

Jack Ma is an inspiration.

[@SiamPasarly]

Jacka Ma is a genius businessman and unfortunately the victim of dirty politics.

[@vishalsahu211]

^Let's Talk^

[@freespirit2628]

I love they way you narrate

[@dna8269]

I know John never responds to comments, but seriously how many editors/researchers etc are on the team to create videos this fast? Its pretty mind blowing. This would take a single person 2 months to make

[@stereo-soulsoundsystem5070]

If you really wanted to you coukd do this video in under 2 weeks

[@patrickmccullough3147]

@@stereo-soulsoundsystem5070 but if you really REALLY wanted to, you could do this video in under 1 week

[@stereo-soulsoundsystem5070]

@@patrickmccullough3147 This is true. I also don't want to shit on Magnates, his videos are great. Its just peculiar most of his comments are praising the video almoat identically and not discussing the subject material of the video all the time

[@dna8269]

@@stereo-soulsoundsystem5070 you actually bring up a good point, and I think that may be a downside to this editing style. It’s very high level and looks amazing, but it’s also mesmerizing in a way where it can detract from the story of the video IMO. I’ve noticed mostly comments about the presentation as well

[@Yurio]

@@dna8269 Honestly scrolled down for comments about the video as I find what happened to Ma really fascinating and wanted to hear what others thought, but I only found comments about the video editing and timely uploads

[@33arpitarpit33]

elon musk has always come across as really doche-yyy ...so really him thinking condescendingly of others really doesn't count all that much...

[@x_tornado10]

Cool video!

[@dany_cool9092]

Love the atmosphere!

[@andricrypto2852]

The next Jack Ma is Changpeng Zhao (CZ), Founder and CEO of Binance.

[@jacksonbruns9429]

i keep thinking these are jake tran videos and almost didn’t click😅

[@sonofage]

why ? what happened with jake tran?

[@jacksonbruns9429]

@@sonofage he is taking sponsorships from sketchy/ scam companies. even companies the same industry that he is exposing. he is also offloading most of his work to presumably 5iver guys