In the financial world, there are only two types of people who will be remembered in history: those who made a lot of money, and those who lost a lot of money.
And what people love to see the most is the third type: watching those who made a lot of money lose it even faster.
In 1999, in Hangzhou, Alibaba
Masayoshi Son and Jack Ma met for the first time, talked for 6 minutes, and decided to invest 20 million US dollars. At that time, Alibaba had zero revenue, zero business model, and not even a business plan. He later described this moment in an interview: "His eyes were very powerful, sh