Alibaba has filed its IPO in New York to raise $1 billion, but former Alibaba CEO David Wei is confident it will raise even more than Facebook's $16 billion bonanza.
Though many anticipate a blockbuster IPO, industry watchers also expect significant challenges ahead for the Chinese e-commerce giant.
How will Alibaba address concerns about the amount of counterfeit goods sold by its users - concerns that prompted Wei to resign after a fraud inquiry in 2011?
And how will Alibaba manage the shift to mobile, especially given the threat from Tencent's WeChat - the Chinese mobile app already on its way to becoming a global brand?
Click on for my conversation with China tech investor and former Alibaba CEO, David Wei.
(His catchphrase to describe founder Jack Ma may raise an eyebrow!)