Alibaba Preps Employees for $40 Billion Windfall

Alibaba IPO will make many employees millions
Is this another tech bubble?

(Reuters) – As Alibaba prepares for what could be the biggest tech company IPO to date, the Chinese e-commerce giant has been counselling employees on how to deal with the roughly $41 billion they could unlock through a New York listing.

While some staffers have enquired if premium brand BMW sells cars in Alibaba’s corporate orange, others may invest windfall stock gains in property in North America or channel funds back into start-up ventures inĀ China, hoping to build future Alibabas, bankers and financial planners say.

This could be signify the bursting of yet another tech bubble.

Get the whole taco here.

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