Social Capital's Chamath Palihapitiya Thinks Amazon (AMZN) Could be Worth $3 Trillion in 10 Years
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(Updated - May 4, 2016 1:51 PM EDT)
Social Capital's Chamath Palihapitiya discussed Amazon.com (Nasdaq: AMZN) at today's Ira Sohn conference. Palihapitiya is bullish on the stock and he thinks Amazon could be worth $3 trillion in 10 years.
Growth in Amazon prime is just beginning, said the hedge fund manager. Growth at Amazon Web Services is also expected to be strong, and it could be a $1.5 trillion business by 2025.
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