Alibaba Chair Joe Tsai on Mistakes & Correcting Course

I react to and discuss part of a recent interview with Alibaba co-founder & Chair Joe Tsai, conducted by Norges Bank Investment Management. In this part, Joe Tsai discusses starting out as an investor before co-founding Alibaba, meeting Jack Ma, scaling Alibaba, falling behind the increasingly intense competition in China, acknowledging mistakes, and recently reorganising Alibaba to course correct. Alibaba stock ticker: BABA.

See below timestamps:
00:36 Starting as an investor
01:48 Meeting Jack Ma at startup Alibaba
04:27 Monetizing and scaling Alibaba with Jack Ma
07:33 Falling behind the competition and acknowledging mistakes
08:49 Reorganizing Alibaba to correct course

Reference video interview:
Joe Tsai Co-founder & Chair of Alibaba | In Good Company | Norges Bank Investment Management
https://youtu.be/mT6mRJehJdw

Related episodes:
Alibaba Stock: New Jack Ma Memo Hints at Return?
https://youtu.be/vfRp0GVBn1w

Alibaba Stock: Is The Bottom In? Chairman Joe Tsai Interview!
https://youtu.be/eZ4x8z2qjII

Alibaba Stock: BABA Supersizes Share Buybacks!
https://youtu.be/PuuoIB05p7M

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Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.

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