# Prof. Arun Sundararajan on Uber's IPO

1 Faculty News January 23, 2015 ![The Washington Post logo](/sites/default/files/styles/246w/public/assets/images/con_031074.jpg?itok=f6OME_Rm)>

Excerpt from [The Washington Post](http://www.washingtonpost.com/blogs/wonkblog/wp/2015/01/22/now-we-know-many-drivers-uber-has-and-how-much-money-theyre-making%E2%80%8B/) -- "'Looking forward, these \[earnings\] may go down in the short run even further as Uber tries to generate the numbers that it needs leading up to its IPO,' said NYU Stern School of Business professor [Arun Sundararajan](http://www.stern.nyu.edu/faculty/bio/arun-sundararajan), referring to the broad expectation that Uber will become a public company in the coming years. 'But I think that over time what will happen is that wages are going to go up.'"

[Read more](http://www.washingtonpost.com/blogs/wonkblog/wp/2015/01/22/now-we-know-many-drivers-uber-has-and-how-much-money-theyre-making%E2%80%8B/)

Additional coverage appeared on [Bangor Daily News](http://bangordailynews.com/2015/01/23/business/uber-claims-its-drivers-make-more-than-cabbies-chauffeurs/) and [Portland Press Herald](http://www.pressherald.com/2015/01/23/uber-data-show-drivers-make-more-than-cabbies/).