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Media CoverageThe media coverages are summaries of the newspaper articles of the day published about SNU

  • December 10, 2013

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MA Yun, Founder of Alibaba, Gives Lecture at SNU

Ma Yun, the founder of Alibaba, the world’s largest Internet based e-commerce website, gave a lecture to SNU students and reiterated the importance of a positive and enthusiastic attitude. He summed up his key to success with the three NOs: no money, no knowledge of technology and no plans. He said that too many companies have too much money they cannot spend. Money is only one of the many resources needed and problems should be solved with brains, not with money. He said that most people have no understanding of technology, and if he himself who had no knowledge of technology could use a new product with ease, others could do it too. Also, as the world is constantly changing, he said that to “keep changing is the best plan”. After asking the audience “Where is opportunity?” he answered the question himself by saying that where there is a problem, there is always an opportunity to solve it.

Summarized by LEE Hee Un, SNU English Editor,
Proofread by Brett Johnson, SNU English Editor,

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