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An Expert in Valuation Says Uber Is Only Worth $28 Billion, Not $62.5 Billion – Bloomberg

It already has a valuation higher than 80 percent of the companies in the S&P 500, and a finance professor at New York University says Uber Technologies Inc. has no more room to run when it comes to market value. According to Aswath Damodaran, a professor who specializes in equity valuation at NYU’s Stern School of Business, Uber is running up […]

It already has a valuation higher than 80 percent of the companies in the S&P 500, and a finance professor at New York University says Uber Technologies Inc. has no more room to run when it comes to market value.

According to Aswath Damodaran, a professor who specializes in equity valuation at NYU’s Stern School of Business, Uber is running up against the roadblock that has thwarted many upstart businesses: Profit.

Source: An Expert in Valuation Says Uber Is Only Worth $28 Billion, Not $62.5 Billion – Bloomberg

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