Alibaba IPO Underpriced, Quirky, Not Real Tech: Kedrosky

The video discusses Alibaba's IPO, highlighting its unique aspects such as employee share sales and cultural pricing significance. It compares Alibaba's structure to GE, noting its unconventional approach. The significance of Alibaba listing on NYSE over NASDAQ is explored, along with investor sentiment and market impact.

What was a unique aspect of Alibaba's IPO regarding employee shares?

• Employees were not allowed to sell their shares.

• Employees received no shares at all.

• Employees could sell their shares immediately.

• Employees had to wait a year to sell their shares.

Why was Alibaba's IPO price considered quirky?

• It was the highest IPO price ever.

• It had cultural significance in China.

• It was based on the company's revenue.

• It was set at a random number.

How is Alibaba's company structure described in the transcript?

• A traditional tech company.

• A retail chain.

• A small startup.

• A divisional conglomerate like GE.

What is significant about Alibaba's listing on the NYSE?

• It was listed without any competition.

• It was the first tech company to list there.

• It was the smallest IPO ever.

• It marked a shift from NASDAQ's dominance in tech IPOs.

What was the general sentiment among traders about Alibaba's growth potential?

• They were indifferent to its potential.

• They thought it was overvalued.

• They believed it was a strong growth story.

• They were skeptical about its growth.

How did the NYSE event for Alibaba differ from typical listings?

• It was understated with no special events.

• It was more extravagant than usual.

• It featured employees ringing the bell.

• It had customers of the platform ring the bell.

Who was expected to ring the opening bell for Alibaba's NYSE listing?

• Jack Ma

• The CEO of NYSE

• Alibaba's customers

• A famous celebrity