Faculty News

An op-ed by Prof. Aswath Damodaran on Facebook's IPO

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Excerpt from Forbes -- "Much as I would like to believe that the pricing of Facebook in the IPO was based upon an assessment of the fundamentals, I am a realist. Much of what passes for valuation on Wall Street and corporate boardrooms is not valuation, but pricing."

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Additional coverage appeared in CNBC and Business Insider.