# Professor Aswath Damodaran shares his outlook on Uber after the company's first day of trading

1 Faculty News May 10, 2019 ![The Washington Post logo](/sites/default/files/styles/246w/public/assets/images/con_031074.jpg?itok=f6OME_Rm)>

Excerpt from [The Washington Post](https://www.washingtonpost.com/technology/2019/05/10/uber-ipo/?noredirect=on&utm_term=.c7c0d8dfad4e) -- "'If Uber cannot deliver profits over time, it spells real trouble for the gig economy,' said [Aswath Damodaran](https://www.stern.nyu.edu/faculty/bio/aswath-damodaran), a professor at New York University’s Stern School of Business. 'They have not demonstrated that they can do all the things they want to do and also do it profitably — so the scrutiny of public markets will certainly be a big first test for them.'"

[Read more](https://www.washingtonpost.com/technology/2019/05/10/uber-ipo/?noredirect=on&utm_term=.c7c0d8dfad4e)