Sunday, September 28, 2014

customers#1 stockholders#3

Jack Ma (馬雲) appeared in tonight's CBS "60 Minutes" to claim that "We treat customers #1, employees #2 and stockholders #3". That sounds pretty assertive. However, I do have some cynical view on this statement since it seems to be tinged with the pretense of Alibaba's controversial management scheme: His 30-member core team can overwrite any opinion from the majority of stockholders.

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