# Professor Aswath Damodaran discusses Lyft's future

1 Faculty News December 3, 2015 ![Reuters logo](/sites/default/files/styles/246w/public/assets/images/con_030503.jpg?itok=0OAgrDF0)>

Excerpt from [Reuters](http://www.reuters.com/article/us-lyft-partnerships-idUSKBN0TM2PO20151203) -- "Despite promising in early 2013 to be a global service by 2014, the company has yet to open offices outside the United States. Lyft is currently in about 150 U.S. cities. 'I don't think Lyft wants to or can,' become a global ride service, said [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran), a professor of finance at New York University's Stern School of Business. 'It is a company with much smaller ambitions.'"

[Read more](http://www.reuters.com/article/us-lyft-partnerships-idUSKBN0TM2PO20151203)