# Prof. Aswath Damodaran on Uber's value

1 Faculty News June 10, 2014 ![Quartz logo](/sites/default/files/styles/246w/public/assets/images/con_038218.gif?itok=JIQPnzXd)>

Excerpt from [Quartz](http://qz.com/218717/what-people-who-think-uber-is-worth-17-billion-believe/) -- "There’s no question Uber, which connects private drivers with people looking for rides, is a fast-growing concern that serves a real need in the market. But [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran), a New York University professor who makes a habit of publicly analyzing start-up values, says that the number is likely wishful thinking and a more accurate valuation is probably closer to $6 billion."

[Read more](http://qz.com/218717/what-people-who-think-uber-is-worth-17-billion-believe/)