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☆ First he was a teacher. Then he was China's top tech titan. Now, meet Jack Ma 3.0 — a high-tech farmer.
  + stars: | 2024-01-22 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +8 min
Read previewAlibaba cofounder Jack Ma was once the invincible poster boy of Chinese tech. Now, it appears Ma is debuting a refreshed version of himself, in what you just might call Jack Ma 3.0. Jack Ma 1.0: A struggling teacher who wanted in on the tech sceneIt's easy to understand why Ma is so popular in the US and China alike. His first business — China Pages — failed, but he gathered a band of 17 friends in 1999 to set up Alibaba. AdvertisementMa himself cavorted with the biggest names in business, tech, and government globally — from Bill Gates and Softbank CEO Masayoshi Son to then president-elect Donald Trump.
Persons: —, Jack Ma, Michael Jackson, Ma, Ma —, Xi Jinping's, he's, Ma Yun, He's, Brian Wong, Wong, Jack, it's, Alibaba.com, behemoth Goldman Sachs, Alibaba, Charlie Rose, cavorted, Bill Gates, Masayoshi Son, Donald Trump, Supakit Chearavanont, Ma hasn't, SCMP Organizations: Service, Business, Communist Party, Hangzhou Teachers Institute, KFC —, Economic, Big Tech, New York Stock Exchange, Financial Times, Tokyo College, Charoen, China Morning Locations: Beijing, China, Hangzhou, Davos, Switzerland, Alibaba, Asia, Spain, Netherlands, Japan, Thailand, Agriculture
☆ Bidding wars no more: Regular people have a better shot at scoring a home as investors flee once-hot cities from Phoenix to Atlanta
  + stars: | 2023-02-23 | by ( Aj Latrace | ) www.businessinsider.com   time to read: +5 min
But investors have backed off, especially in formerly hot areas like Phoenix, Redfin found. The significant drop in investor purchases means less competition for regular homebuyers. Investors purchased approximately $31 billion worth of properties — equivalent to 48,445 homes —nationwide in the last three months of 2022. They include Las Vegas, Phoenix, the New York City suburb of Nassau County, Atlanta, and Charlotte, all of which saw investor purchases fall over 60% year-over-year, the report said. But the drop in home prices and investor purchases last year could signal even more dire conditions in 2023, some analysts and experts predict.
☆ Want to quit your job and run your side hustle full time? Start by working at one of these 5 companies
  + stars: | 2023-01-29 | by ( Tom Huddleston Jr. | ) www.cnbc.com   time to read: +4 min
In the case of many a successful startup founder, that means working a day job before they're ready to strike out and start their own new business. Multiple big-name companies top the list, according to a new report from small-business lending platform OnDeck, which examined large U.S. companies with high rates of former employees launching their own businesses. The top four companies on OnDeck's list all hail from the consulting world, which isn't surprising: Consultants at those companies are often tasked with helping clients hone their management and business strategies. Goldman Sachs leads the way among financial services companies on OnDeck's rankings, with 5.92% of former employees becoming founders. By focusing primarily on large companies, OnDeck's report doesn't provide a comprehensive list.
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