If the stunning IPO of Alibaba was not enough, Sunday September 28th could have been called Jack Ma day on TV. First came the running of “Crocodile in the Yangtze – A documentary” by Alibaba insider Porter Erisman, which follows the company from its beginning. The Bloomberg Television showing chronicles Mr. Ma’s humble beginnings to his vast vision, his good fortune and his sheer audacity. It carries him through and it knocked eBay out of China.
In the evening Jack Ma turned up again, this time on CBS’ ‘60 Minutes’ to punch home his philosophy that the customer comes first, his employees come second and his stockholders come third, an idea in contrast to most in the corporate world. His audacity is again demonstrated when he looks into the camera and says, (paraphrase) ”If shareholders don’t like being third they should sell their stock.” Sources: Bloomberg TV; CBS