Jack Ma raised initial funding for Alibaba within 2 hours
Chinese internet giant Alibaba's Co-founder Jack Ma once said that he raised initial funding for Alibaba from its 17 other co-founders in 1999. "I spoke to them for two hours about my vision... and that got us $60,000 to start Alibaba." Later that year, Alibaba raised $5 million in an angel round of funding from investors including Goldman Sachs.