Faculty News
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Professor Aswath Damodaran explains why he believes several of this year's most popular IPOs are overpriced
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![CNBC logo CNBC logo](/sites/default/files/styles/192w_x_144h/public/assets/images/uat_027305.jpg?h=cd55d432&itok=horQNWx4)
Excerpt from CNBC -- "'All four are richly priced ... I’m a little scared of Uber at $100 billion. I think both Lyft and Uber are struggling with a way to convert revenue growth into profits. So you are paying $100 billion for a company that still doesn’t have a viable business model. That’s scary,' Damodaran says."
Faculty News
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![CNBC logo CNBC logo](/sites/default/files/styles/192w_x_144h/public/assets/images/uat_027305.jpg?h=cd55d432&itok=horQNWx4)
Excerpt from CNBC -- "'All four are richly priced ... I’m a little scared of Uber at $100 billion. I think both Lyft and Uber are struggling with a way to convert revenue growth into profits. So you are paying $100 billion for a company that still doesn’t have a viable business model. That’s scary,' Damodaran says."