Why Facebook is Worth $100 Billion
Keynote by Lee Lorenzen
Microsoft’s recent purchase of a 1.6% stake in Facebook for $240 million set off a wave of skepticism and debate in the technology community. Most people said that a $15 billion valuation for a company that brings in little more than $30 million a year in profits was astronomical.
Lee Lorenzen thinks differently, and some people are starting to agree with him. He contends that based on where they’re going, Facebook is actually worth $100 billion. In this session, we’ll hear what Lee sees for the future of Facebook and why he thinks Microsoft got a screaming deal.
After the jump, a video of Lee advising Facebook CEO Mark Zuckerberg about valuation…
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[...] conceived of this session, we’ve had a kind offer by our good friend Lee Lorenzen to do a keynote specifically addressing the valuation issue. Obviously, Lee has one perspective that others do not [...]
[...] worth 100 Billion? On the second day, I’m really curious to hear Lee Lorenzen’s opener, he thinks that Facebook is worth $100,000,000,000.00. I’ll be tweeting (from Twitter) that morning all the key nuggets on why he says that, so add [...]
Nice post and video to go along with it.
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