“Chinese entrepreneurs really don’t end up well.” This statement, made 10 years ago by Jack Ma the founder of Alibaba Group, recently went viral on the internet. It seems that Ma’s casual but ominous words have come true, and his current situation is a true reflection of what he said at that time.
On April 12, Hong Kong-based Initium Media reported that Ma said, in an earlier speech to a group of private entrepreneurs, “None of China’s entrepreneurs dies a natural death.”