Facebook Could be Worth 100 billion $ ?
Lee Lorenzen from Altura Ventures, in an interview, says Facebook will go for an IPO in about 18 months and could be valued at 100 billion $. Hello, did I hear that right? It appears that was what he meant (Lee is the CEO of the first Facebook VC Fund that is purely focused on the facebook environment).
Why does Lee fail a social networking application could be worth so much?
* 200 Million facebook users coming soon
* User engagement matters
* Facebook does a great job with privacy controls
OK, all good points, but worth 100 billion? I seriously doubt it, in fact I doubt if Lee himself meant the 100 b seriously
Access the full interview from here
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