I was wrong about Facebook's valuation. Way wrong. Lee Lorenzen was right. Way right.

Back on October 11, 2007, I wrote that Lee Lorenzen was nuts. Back then he said that Facebook was worth $100 billion. He’s getting more and more right every day and I’m getting more and more wrong. Especially after Goldman Sachs just kicked in $500 million and valued the company at $50 billion. I told … Continue reading I was wrong about Facebook's valuation. Way wrong. Lee Lorenzen was right. Way right.