Uber Rival GrabTaxi Gets $250M Boost

The video discusses the importance of hiring talented individuals who align with the company's vision and the strategies to maintain market leadership. It highlights the willingness to engage in price wars if necessary and the significance of having a strong financial reserve. The speaker reflects on past investments, particularly in Alibaba, and the value of long-term partnerships with investors like SoftBank. The focus is on building something great, not just wealth, and finding partners who share this vision.

What is the company's approach to maintaining its market leadership?

• Engaging in price wars if necessary

• Reducing operational costs

• Expanding into new markets

• Focusing solely on product innovation

What quality does the speaker admire in the long-term investor?

• Willingness to take windfall profits

• Ability to predict market trends

• Belief in the entrepreneur through thick and thin

• Focus on short-term gains

How does the speaker describe the investor's approach to shares when the company went public?

• Held onto shares despite potential profits

• Sold half of the shares

• Bought more shares

• Sold all shares immediately

What is the primary goal of the partnerships mentioned in the third section?

• Building something great

• Reducing competition

• Achieving personal wealth

• Gaining market intelligence

What does the speaker believe is more important than getting rich?

• Building a strong team

• Creating a great product

• Finding a partner to build something great

• Expanding globally