# Professor Aswath Damodaran's comments on Uber's business model are referenced

1 Faculty News November 13, 2019 ![investorplace_190x145](/sites/default/files/styles/246w/public/assets/images/investorplace_190x145.jpg?itok=AokB7bgn)>

Excerpt from [Investor Place](https://investorplace.com/2019/11/is-lyft-stock-or-uber-stock-the-better-ride-sharing-play/) -- Professor [Aswath Damodaran](https://www.stern.nyu.edu/faculty/bio/aswath-damodaran) of New York University’s Stern School of Business made it clear that he prefers Lyft’s approach of focusing on passengers and sticking to the North American market for now: 'I’d take Lyft over Uber because Uber wants to be all things to all people. You’d think they’d learn from their mistakes. They tried in China and had to back out of China. I think being less ambitious in this business, until you figured out a business model, is better.'”

[Read More](https://investorplace.com/2019/11/is-lyft-stock-or-uber-stock-the-better-ride-sharing-play/)