Original subtitles

i didn't have a rich father i tried it three times for university all failed i applied for harvard

for 10 times all failed they don't want to see me for the last time i went to the teacher's college

which was considered the third or fourth class of my city so i applied jobs for 30 times got

rejected it was so difficult at that time i was so frustrated because i taught in the

university my pay was 10 a month because i could not find a good job in 1994 discuss that i'm going

to do something called internet and 23 of them against it they say this is a stupid idea we have

never heard about internet and you know nothing about computer and i never thought i was smart

nobody believed that i could be successful because everybody said well this guy

think differently thinker crazily you know they think about something never work

i tried to borrow 3 000 u,s dollars from the banks took me three months but i still cannot get it

we talked to over 30 or 40 venture capitalists everybody said no forget it a lot of people

said alibaba is a terrible model as i said i believe it i think this thing

could be big if we keep on working i never thought it would be that big like today

but i believe that something something is waiting for me there and i have to work hard

to prove myself that was the tough experience so we gathered 50 000 us dollars from 18 founders

we started for the first three years we do not have even one dollar revenue from our business

what's not easy you don't make any money you've got extraordinary claims and yet you make nothing

that's internet yes but what's the point are you a millionaire no no do you want to be fun well

i think i hope but why it keeps on going ahead going forward because i received lots of email

of thanks from the customer they say this is such a great thing we cannot pay you but this thing

helped us if you keep on helping us one day you will be successful and i believe this little by

little we build up our business little by little we build up our ecosystem of the infrastructure

and now after 16 years we have an alibaba group we have a tmall group we have a taobao

group we have alipay and people that you are so smart how could you make a company like that