The success of the Jack Ma Way

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News’ link: http://www.nytimes.com/2014/09/07/business/international/at-alibaba-the-founder-is-squarely-in-charge.html

Jack Ma is  Alibaba’s founder who is very successful. He created Alibaba’s, although he was born in an ordinary family. And when he planed to do business, he does not have enough funds. However, nowadays,  Alibaba has been the dominant force in Chinese e-commerce and a symbol of the country’s breathtaking economics rise. Jack Ma is a good sample which can encourage young people who want to build their own companies. 

Jack Ma has ability to attract the investor to  buy stakes of Alibaba . The American Internet giant Yahoo has agreed to invest one billion in cash to but a 40 percent stake in Alibaba and created deeper business ties. In my opinion,  the partnership can bring  a lot of benefits to Alibaba. For example, Alibaba has more funds to improve their services and develop itself. However, there is a potential risk which Mr Ma realized soon. He worried that he sold the stake too cheaply and give up to much control. Eventually, he secured a plan for Yahoo to reduce its stake in Alibaba. From my perspectives, it is a reasonable choice, because  selling stakes has risks. It is true that  getting more investors can help the development of companies., but founders have to keep the balance. Otherwise, they may lost the control of their companies.

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