In this interview with Lee Lorenzen you will learn an insiders game on how to profit from Facebook and social networking.

Facebook has been setting the Internet on fire with their explosive growth (70,000,000 users) and I wanted to interview one of the key players who has their finger on the pulse of all of the activity at Facebook and that is Lee Lorenzen, President and CEO of Adonomics and Altura Ventures which is one of the first strategic Venture Funds created strictly for application developers on Facebook. He is enabling small businesses, entrepreneurs and developers to spend full time development by providing funding and advice on how to succeed in this explosive market.

In this interview Lee Lorenzen takes me through the Facebook world as a small developer and what is required to navigate the Facebook developer landscape. Lorenzen provides tips and insights on what types of applications can be fruitful, including Facebook lead generation. He even takes me through the scenario of what packaged goods companies need to start thinking about as they approach social media and how they can use Facebook as a launching pad as well as how they can make money on Facebook through lead generation. Successful small social media developers have a huge opportunity as Facebook is providing the platform for development and eyeballs.

Lorenzen provides a strong overview on how his Adonomics index works and how they are valuing companies. Lorenzen also covers the controversial UADA premise and how it got started and why they are ranked as high as they are in the Adonomics index.  Lorenzen equates the UADA to the CAA (Creative Artists Agency for Developers) but better since the UADA will share profits with their members.

You will find that Lorenzen is well prepared and has an excellent grasp in the social media and the Facebook marketplace. He has really thought out the social media space and is providing a level of expertise to enable other entrepreneurs and developers to thrive in a very competitive environment.