# Prof. Aswath Damodaran on strong investor interest in private tech companies

1 Faculty News December 30, 2014 ![Times of India logo](/sites/default/files/styles/246w/public/assets/images/con_031086.jpg?itok=G0ludcIK)>

Excerpt from [The Times of India](http://timesofindia.indiatimes.com/business/india-business/Startup-in-gets-cash-on-demand/articleshow/45683376.cms) -- "'I believe that markets often get the macro trend right but get over-optimistic about the micro trends. There'll be a day of reckoning, where investors will start demanding results and start re-pricing these companies. There'll be a shaking out of the sector and the wheat will be separated from the chaff,' says [Aswath Damodaran](http://w4.stern.nyu.edu/faculty/bio/aswath-damodaran), professor of finance at the Stern School of Business at New York University."

[Read more](http://timesofindia.indiatimes.com/business/india-business/Startup-in-gets-cash-on-demand/articleshow/45683376.cms)