Faculty News

Professor Arun Sundararajan comments on Lyft's financial outlook

Bloomberg logo
Excerpt from Bloomberg -- "'I've always felt that Lyft's lower valuation gives them a lot more options than Uber; they can lose money for a longer period of time,' said Arun Sundararajan, a professor at New York University's business school. 'Lyft has held its own and grown dramatically in the face of the Uber onslaught. So I think raising another round is probably easier for Lyft than it was in the last round, whereas for Uber, it's likely harder.'"

Read more