# Prof. Aswath Damodaran on Facebook's purchase of WhatsApp

1 Faculty News February 21, 2014 ![Los Angeles Times logo](/sites/default/files/styles/246w/public/assets/images/con_032838.jpg?itok=d4eVwIbD)>

Excerpt from the [Los Angeles Times](http://www.latimes.com/business/la-fi-tech-valuations-20140221,0,4041429.story#axzz2ty6I1JCz) -- "It isn't 1999, but companies with loads of users — but few prospects for making money — are being handed lofty market values, said [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran), who teaches corporate finance and valuations at New York University's Stern School of Business."

[Read more](http://www.latimes.com/business/la-fi-tech-valuations-20140221,0,4041429.story#axzz2ty6I1JCz)

Additional coverage appeared on [Quartz](http://qz.com/180026/quartz-weekend-brief-ukraines-democracy-teslas-batteries-mexicos-fracking-whatsapps-pricetag/).