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Professor Aswath Damodaran on India's e-commerce and tech start-up valuations

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Excerpt from Livemint -- "'I do believe that collectively, the markets that are being used to justify these valuations  (online advertising in particular) are not big enough to justify the prices being paid, which I guess is a backhanded way of saying that the stocks are collectively overpriced,' [Damodaran] said in an interview."

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