# Professor Aswath Damodaran on India's e-commerce and tech start-up valuations

1 Faculty News August 18, 2015 ![Livemint logo](/sites/default/files/styles/246w/public/assets/images/livemint%20feature.jpg?itok=nIqY0pI_)>

Excerpt from [Livemint](http://www.livemint.com/Companies/d3Jcm2hLqn1Xj6x2qGnIhM/Ecommerce-startups-collectively-overvalued-Aswath-Damodar.html) -- "'I do believe that collectively, the markets that are being used to justify these valuations (online advertising in particular) are not big enough to justify the prices being paid, which I guess is a backhanded way of saying that the stocks are collectively overpriced,' \[[Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran)\] said in an interview."

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