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.