Facebook to become the first $1 Trillion company

You’re right if you think it’s premature to talk about Facebook as a contender to become the first $1 trillion company.

The social network is expected to go public Friday at a valuation of around $100 billion. Should Mark Zuckerberg find a way to multiply that value by 10 in the coming years, it would have a value higher than the GDP of all but 17 countries.

The grandiosity of the goal has has not, however, stopped Facebook from reportedly telling its new employees that it aims to be the first company to reach the milestone. Facebook’s high-level employees are fond of saying it is “1% finished,” and, according to a Facebook representative who lead a recent tour of the headquarters, the phrase is one of Mark Zuckerberg’s favorites.

facebook-$1-trillion-company

While the idea that a seven-year-old social network could become the world’s first trillion dollar company — blasting by established giants like Apple, Exxon Mobil and Walmart — might seem ridiculous, it’s not out of the question.

To put it in the words of technology analyst and Enderle Group president Rob Enderle:

“It’s not probable, but it’s possible.”

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