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Why are the 18 people who first founded Alibaba called the Eighteen Arhats?

When Jack Ma founded Alibaba, it is said that he tricked 18 people into starting a business with him. None of these 18 people were mediocre at the time and could all find a satisfying job. However, under Jack Ma’s inspiration, they all They gave up the generous treatment at the time and joined Jack Ma to conquer the world. When Alibaba went public, these people also reaped their own success. So, after all these years, how are these people who conquered the world with him doing now?

On February 20, 1999, the fifth day of the Lunar New Year, eighteen people gathered together for a mobilization meeting on the third floor of Building 16 in a community called Lakeside Garden. The room was almost bare with only a broken sofa on one side. Most people sat on the floor. Ma Yun stood in the middle and talked for a full two hours. Peng Lei said, "Almost all he was talking about, saying that we were going to be the world's greatest Internet company founded by Chinese people. He was arrogant, and we just sat aside and secretly rolled our eyes."

These people , created Alibaba, they were called the Eighteen Arhats. Ten years later, the company went public and became a Chinese Internet company with a market value of more than 20 billion US dollars on the day of listing. And these eighteen people, according to speculation, each of them has become a billionaire. Of course, they are not the only team that made a profit in the IPO. 70% of Alibaba’s employees, approximately 4,900 employees, have become out-and-out rich people. On the night of Alibaba's 10th anniversary, these 18 founders resigned as founders to Jack Ma and started from scratch. In Jack Ma’s words, Alibaba has entered the era of partners.

Now, Alibaba Group has launched its listing plan, and its valuation may reach a maximum of 100 billion U.S. dollars; as the core founder, Jack Ma has not only achieved fame, but has also been worshiped as a god. Individual positions may vary, or they may hold multiple positions. Except for Jack Ma, some of the remaining Seventeen Arhats were "entrusted with important responsibilities" abroad, some studied abroad for "further studies", some had smooth official careers, and some had bumpy careers... As Zhou Yuehong said, "God has given They have such a good opportunity, it can be said that the right time, right place and right people have been given to them." However, they have achieved Alibaba and Jack Ma, but not everyone can achieve themselves! It makes people feel infinite emotion and sigh! ~