1. The Alibaba IPO
+ The NYT Dealbook takes you to Hangzhou: The city that minted thousands of Internet millionaires (and launched a whole lot of other Internet startups).
+ Yahoo owns a big chunk of Alibaba stock. How big? Big enough to be worth almost as much as Yahoo itself.
+ The WSJ has an excellent interactive piece that answers the question of the day: What is Alibaba? Imagine all the Internet’s most powerful business models rolled into one and aimed at the world’s most populated markets. (Just wait until the Alibaba Watch comes out.)
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