# Professor Arun Sundararajan comments on Lyft's financial outlook

1 Faculty News January 12, 2017 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](https://www.bloomberg.com/news/articles/2017-01-12/lyft-loses-600-million-in-2016-as-revenue-surges) -- "'I've always felt that Lyft's lower valuation gives them a lot more options than Uber; they can lose money for a longer period of time,' said [Arun Sundararajan](http://www.stern.nyu.edu/faculty/bio/arun-sundararajan), a professor at New York University's business school. 'Lyft has held its own and grown dramatically in the face of the Uber onslaught. So I think raising another round is probably easier for Lyft than it was in the last round, whereas for Uber, it's likely harder.'"

[Read more](https://www.bloomberg.com/news/articles/2017-01-12/lyft-loses-600-million-in-2016-as-revenue-surges)