# Professor Aswath Damodaran shares his views on Uber's future

1 Faculty News September 8, 2016 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/videos/2016-09-08/will-uber-be-ready-for-its-bar-mitzvah-moment) -- "A question I often ask companies: 'If tomorrow you stopped growing, would you be able to make money on your existing business?' And I think the answer is no for Uber, if tomorrow, the game came to steady state. This is a business where they're giving away rides. What it costs me to go from where I live to Newark airport is $15. What it used to cost me on a cab is $55. There is no way with that $15 that that driver is making enough money to cover the cost of maintaining his car. This is not a sustainable, long-term business. Something has to change."

[Read more](http://www.bloomberg.com/news/videos/2016-09-08/will-uber-be-ready-for-its-bar-mitzvah-moment)