Alibaba IPO: The Long Path to Companys First Trade

The transcript discusses the success and challenges of a company's IPO, highlighting institutional interest and stock trading dynamics. It addresses corporate governance issues, particularly the control of voting stock and the VE structure, drawing comparisons with other internet companies. The valuation of Alibaba is analyzed in relation to global and Chinese market players. Additionally, the transcript explores currency risks associated with the Chinese government and Alibaba's international expansion strategy.

What factors contributed to the perceived success of the company's IP selling?

How did the structure of the IPO impact investor confidence in Alibaba?

What are the implications of the corporate governance structure for Alibaba's investors?

Discuss the potential risks associated with currency fluctuations for Alibaba's earnings.

In what ways might Alibaba's international expansion mitigate currency risk?