# Prof. Aswath Damodaran discusses the value of Twitter's stock

1 Faculty News October 9, 2013 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/con_034412.gif?itok=MRidxYS3)>

Excerpt from [CNBC](http://www.cnbc.com/id/101096224) -- "Twitter's valuation is in the eye of the beholder, [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran) of the New York University Stern School of Business said Tuesday. 'I really think it depends on what you call yourself. If you're a trader, then all bets are off. You're betting on price,' he said. 'If you're an investor and you think about value, I think at $20 billion, an awful lot has to go right for that $20 billion to be a break-even, forget about making money.'"

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