Lei Jun: Xiaomi Could Be Number One In Smartphones

I didn’t know until I saw those tweets that Lei Jun has a (mostly unused) Twitter account.

What Lei Jun says could come true. But I wonder about the underlying factors that led to the MiPad, which violated all of the principles that Xiaomi used to rise to success. Whatever created the MiPad could grow to derail all of Xiaomi. Sometimes grand ambitions are not the best things to have …

Also:

Well, that’s rather clever. Alibaba’s Jack Ma is seeing just what it means to have a post-IPO company.

By the time Xiaomi does an IPO, it won’t really need the money. It will be more of a marketing move: “Look. Now we’re World Class.”