TARP is funded by taxpayers, so there are many rules about how that money can and cant be used. The result: GM spends an awful lot of time checking in with the people who administer TARP over everything from hiring to executive compensation and management. For a global company, that adds up to a lot of distraction.
Im humble cause I think many years ago people say, Well, Alibabas terrible company. And I know we were not that terrible. Were pretty good; were better than people thought. But today, when people have a high expectation on you, and I start to worry and nervous because we are not good yet.
By: Jack Ma