Why Facebook is Worth $100 Billion

by Teresa Valdez Klein on November 26, 2007

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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{ 3 comments… read them below or add one }

1 Facebook: Fad, Frenzy or the Future? 11.29.07 at 5:29 pm

[...] 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 [...]

2 See you in Seattle’s at the Facebook Conference: Develop a Strategy and is it worth $100 Billion? 12.03.07 at 5:27 am

[...] 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 [...]

3 Jafar 12.04.07 at 10:06 pm

Nice post and video to go along with it.
:)

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