Since its Initial Public Offering held on May 18, 2012, Facebook Inc (NASDAQ:FB), has been showing growing stock prices and has been increasing market penetration, reaching up to 829 million daily active users on average in June 2014. Bloomberg Contributing Editor David Kirkpatrick discussed Facebook Inc (NASDAQ:FB)’s CEO Mark Zuckerberg’s dream to connect the world, in particular every person in every country.
“[…] This idea of connecting everyone has really been in the back of his mind, the ultimate purpose of Facebook, really since like 2004, but it’s only in the last couple of years that it began to be an actual possibility that Facebook could try to connect people in literally every country […],” said David Kirkpatrick.
It’s been 10 years and already many of us cannot imagine life without Facebook Inc (NASDAQ:FB), which already has about one seventh of the world’s population registered in its database. Advertising companies crave for most of the information that the social platform possesses and its full power is yet to be seen.
“What we really care about is connecting everyone in the world. Even if it means that Facebook has to spend billions over the next decade making this happen, I believe that over the long term it’s going gonna be a good thing for us and for the world,” Mark Zuckerberg was quoted as saying by Bloomberg’s Cory Johnson.
It’s yet unclear what exactly will Facebook Inc (NASDAQ:FB) do in order to achieve its goal, but there are reasons to believe that Mr. Zuckerberg is pursuing a strategy more complex than simple advertising driven incentives. However, if he manages to achieve even this conceptually simple goal, it will be an actual global success.
David Kirkpatrick added that short-term investors don’t need be satisfied by Facebook Inc (NASDAQ:FB)’s plans, because they address long-term matters, whereas those that are bullish on the stock can already evaluate their interest in the company’s stock.