Facebook is a great product but I’ve blogged before about how I think the valuation is a little wonky. Fred Wilson, an investor in my favorite video podcast, has said the following which gives me some confidence that there are still rational people in the VC world:
If I had to buy Facebook right now, I think $5 billion to $7 billion would be the right price.
I have to admit, that’s a lot more than my $2 billion to $4.5 billion back of the envelope calculation but given how quickly I calculated the number, and that it was calculated in the summer, I can see how his valuation could be more accurate. At least it’s not $15 billion!
Now for something Rotman related.
Exams finished on Thursday and there was a little party. I’ve just been blowing off steam since. Picture from Thursday:
I’m feeling quite euphoric about how close I am to the end of school. This next week should also be a lot of fun since some close old friends are coming into Toronto to visit.
This blog won’t see a lot of activity until January 7th but I hope to post about a few things eventually:
- My overall thoughts on classes from 1st semester
- Any thoughts on the Venture Capital intensive course
- My experiences with Integrative Thinking at Rotman (I got an e-mail request to post about this).
Happy new year everyone. I’m off to play some video games.
Hi,
I’m a hopeful student for Rotman and was hoping you could also write a bit more about the Entrepreneurship courses at Rotman. I’ve already have 2 start-ups of my own and i’m looking to move into Entrepreneurship after Rotman as well. You’ve talked very highly of the Rotman entrepreneurship program and i’m hoping to get some more info Please.
Btw, got your link from Mohit Khoda
My new writing book would give thumbs down to: “I’m feeling quite euphoric”
Why not: “I’m happy”?
(This criticism should be taken with one hug – X – and a dose of fist shaking)