Yikes!The most interesting part may be that Star Xu and Jack Liu snuck into the conference without paying the admission fee.
The most interesting part may be that Star Xu and Jack Liu snuck into the conference without paying the admission fee.
https://twitter.com/rogerkver/status/673385230707789824
Great sentiment, too bad though this day in age a handshake isn't work squat. But even with a written contract, if Roger hadn't had it digitally signed, it would have been their word against his. I'm pretty sure in a court of law though the contract would hold up and OKCoin would be forced to pay any penalties or back payments that are due. Just because one of their staff (the CTO) made an agreement that the CEO doesn't agree with (later after it's been signed) doesn't invalidate the contract between the company and the client.I used to work for the richest man in Australia (The late Kerry Packer), one conversation he had with me was that he has been so successful because everyone knows that his handshake or word is as good as a contract. That to be successful people need to know that you don't go back on your word.
Mr Packer said that naturally he always had contracts But in business your handshake should be as good as a signature as your honour and reputation as a businessman was worth everything.
I completely agree with this.I used to work for the richest man in Australia (The late Kerry Packer), one conversation he had with me was that he has been so successful because everyone knows that his handshake or word is as good as a contract. That to be successful people need to know that you don't go back on your word.
Mr Packer said that naturally he always had contracts But in business your handshake should be as good as a signature as your honour and reputation as a businessman was worth everything.
When dealing with Chinese, always maintain leverageI completely agree with this.I used to work for the richest man in Australia (The late Kerry Packer), one conversation he had with me was that he has been so successful because everyone knows that his handshake or word is as good as a contract. That to be successful people need to know that you don't go back on your word.
Mr Packer said that naturally he always had contracts But in business your handshake should be as good as a signature as your honour and reputation as a businessman was worth everything.
Before bitcoin, I sold computer memory, and I can't count how many times deals were made for tens of thousands of dollars worth of memory, agreed to by nothing more than a phone call, or some instant messages. Everyone's word was their bond, and everyone knew that if someone didn't honor their agreement, the rest of the industry would shun them. It worked very very well, and was a very enjoyable period in my life. I wish I could say the same about my dealings with OKcoin.
Definitely. What I'm saying is that in light of what Roger Ver has had to deal with no one should be doing business with a company that has shown to have no honour in business. Not even after a contract let alone a handshake.When dealing with Chinese, always maintain leverage
I completely agree with this.
Before bitcoin, I sold computer memory, and I can't count how many times deals were made for tens of thousands of dollars worth of memory, agreed to by nothing more than a phone call, or some instant messages. Everyone's word was their bond, and everyone knew that if someone didn't honor their agreement, the rest of the industry would shun them. It worked very very well, and was a very enjoyable period in my life. I wish I could say the same about my dealings with OKcoin.
Agreed.Definitely. What I'm saying is that in light of what Roger Ver has had to deal with no one should be doing business with a company that has shown to have no honour in business. Not even after a contract let alone a handshake.
When dealing with Chinese, always maintain leverage
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