to be Worth $3 Trillion in a Decade

One venture capitalist has predicted that, Inc. (NASDAQ:MAZN) has the potential to be worth more than $3 trillion. is not in the top two most valuable companies at the moment.

High-profile venture capitalist, Chamath Palihapitiya, CEO and founder of Social Capital LP, has said that one company, which is has the potential to reach the landmark figure in value. to reach $3 trillion

Palihapitiya mentioned that even though the theory was just beginning, they eventually believed that in the next ten years or so, would be worth $3 trillion. He was talking at the Sohn Conference in New York. The Social Capital LP CEO said that for to reach this level there were three critical components that they had to reach. The three factors are the Amazon retail business value, the unbelievable opportunity that is represented by the Amazon Web Services. The last factor being Jeff Bezos new unique insight into leading the company.

According to Palihapitiya, the retail business is on a trajectory to grow up to $1 trillion in value over the next 10 years. Through services such as the Amazon Prime, which from day one has been phenomenal and highly successful, but at the same time it’s still in its early years, he has faith in the retail services.

On the second point, the Amazon Web Services, Palihapitiya believes most people do not understand the cloud platform and it has so much potential. He noted that the technology was the blue chip of technical infrastructure. The Amazon Web Service, according to him is going to be a $1.5 trillion business that will shake the whole IT industry.

“In order to understand the value of AWS, we think that Jeff [Bezos] is going to completely disrupt this market. There are going to be unbelievable numbers of losers as AWS gets to scale. More capability. More power. Lower costs. What [Bezos] did to retail, he will do to IT,” he said.

The new insight about the business that Jeff Bezos has is good for the company. He takes the cash up and invests it into the company. So far he has made $18 billion for Through that $18 billion he has gone on to make $200 billion in value for the company.

Palihapitiya believes that Bezos is going to continue doing that for the next decade and with the two monopolistic businesses, retail, and the AWS.

He concluded that was the best company which was being built in a present day. If you believe in the Internet, then you have to believe in he says. he also says if you believe in consumer consumption you have to get