Google likely trillion dollar company

In a potentially eye-opening prediction, technology investing leader Jim Breyer suggested that Google might achieve a trillion-dollar market cap in the forthcoming decade. As the founder and CEO of Breyer Capital and partner at Accel Partners, Breyer is well-positioned to speculate on the future actions of leading tech companies such as Google. He contends that, in the same vein as Facebook, Google is likely to extend its expanding growth footprint by acquiring smaller companies.

Breyer made these statements at the Delivering Alpha conference as part of the broader conversation about the future of internet-based businesses. He stated, “The current business landscape is fascinating, with a radical shift towards new and innovative companies that will become the internet sector’s future leaders. Those companies that fail to establish strong business models or are not bought out by tech giants like Google or Facebook face an unpredictable future.”

The discussion also ventured into the possibility of the first trillion-dollar companies’ emergence, featured prominently in a tech panel that included early Vine investor Shana Fisher from High Line Venture Partners. Despite the existing technical limitations in transferring content from mobile devices to servers, Fisher expressed an optimistic outlook for video content creation and sharing related ventures.

In terms of future digital currencies, Breyer forecasted that the leading player may not necessarily be Bitcoin, the most renowned but somewhat contentious digital currency presently known. He expects the rise of alternative digital currencies, confidently asserting that “we will likely witness the rise of at least six multibillion-dollar digital currency companies in the next five to seven years.”

Source: Jeff Cox, CNBC

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