Alibaba Group Holding Ltd Founder Jack Ma: When You See These Shareholders, It's A Responsibility
As his company took center stage on Wall Street Friday, Ma spoke with CNBC at the New York Stock Exchange, and commented on shareholders and his vision for the future.
"Today ... what we've got is trust from the people," the Alibaba Group founder remarked. "Millions of small businesses, so many shareholders.
"I'm very honored and so excited, because when you see these shareholders, it's a responsibility," he added. Alibaba is offering 320,106,100 shares in its IPO.
Additionally, Ma said he's keeping an eye on what's next: "I've been thinking about the next five to ten years, and how I can make sure these shareholders will be happy ... if they're successful, we'll all be happy."
Disclosure: At the time of this writing, the author had no position in the equities mentioned in this report.
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