
You may know the story of
Ali Baba, and the Forty Thieves.
Ali Baba, "open sesame," and a loyal slave make Ali Baba a very rich man.
For a good look at a modern day Ali Baba (Jack Ma) this article,
The Jack Ma Way, gives detail.
This story will give you more information than you want, but the first part gives you a picture of the
Alibaba IPO (whatever that is).
The business media is making a
BIG deal over this and it involves wealthy Chinese, Japanese, & U. S. investors.
So what is the modern day Alibaba?. Who is Jack Ma? What is an IPO and how does that impact us?