I call Alibaba '1,001 mistakes.' We expanded too fast, and then in the dot-com bubble, we had to have layoffs. By 2002, we had only enough cash to survive for 18 months. We had a lot of free members using our site, and we didn't know how we'd make money. So we developed a product for China exporters to meet U.S. buyers online. This model saved us.
Copy QuoteA nation that continues year after year to spend more money on military defense than on programs of social uplift is approaching spiritual doom.
Copy Quote View & ShareMoney cannot buy peace of mind. It cannot heal ruptured relationships, or build meaning into a life that has none.
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