Billionaire Ma: Alibaba Faces 'Most Dangerous Time'

Jack Ma, China's richest man, discusses the challenges Alibaba faces due to high public expectations. Despite initial skepticism, Ma's vision for Alibaba focused on serving SMEs, diverging from American business models. He emphasizes the importance of global opportunities beyond the US market.

What was the initial reaction of venture capitalists in Silicon Valley towards Jack Ma's business model?

Why does Jack Ma believe that competing with American companies like eBay or Amazon is not his goal?