Facebook Could Be Bigger Than Google, Says Pakman

David Pakman of Venrock believes in the power of Facebook so much that he calls them a significant challenge to Google and will one day “be a pillar in the global internet ecosystem.”

With 270 million active users and a growth rate that projects to give the social networking site an audience of over 700 million within a few years, it’s hard to object to his claim. 
 

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.