# Prof. Aswath Damodaran cautions investors about the abundance of tech IPOs

1 Faculty News November 14, 2013 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/con_034412.gif?itok=MRidxYS3)>

Excerpt from [CNBC](http://www.cnbc.com/id/101198440) -- "'Investors need to be asking themselves, can all these companies coexist at the same time and make as much money as they are making now?' [Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran) said. 'There will be winners and losers. It could be Twitter, Facebook, Google or someone we haven't heard of yet.'"

[Read more](http://www.cnbc.com/id/101198440)