Faculty News

Professor Aswath Damodaran's comments on Uber's business model are referenced

Excerpt from Investor Place -- Professor Aswath Damodaran of New York University’s Stern School of Business made it clear that he prefers Lyft’s approach of focusing on passengers and sticking to the North American market for now: 'I’d take Lyft over Uber because Uber wants to be all things to all people. You’d think they’d learn from their mistakes. They tried in China and had to back out of China. I think being less ambitious in this business, until you figured out a business model, is better.'”

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