2min chapter

Brave New World -- hosted by Vasant Dhar cover image

Ep 33: Aswath Damodaran on Investing

Brave New World -- hosted by Vasant Dhar

CHAPTER

The Narrative and Numbers

In his book, Uber founder Travis Kalanick writes about an exchange he had with Bill Gully of Benchmark Capital. He initially valued the company as a car service business but later realized it was more than that. After COVID hit, Kalanick asked him to put a number on how muchUber would be worth if it weren't for ride-sharing services like Uber and Lyft. The new figure is four times higher than what they were originally valued at in their original valuation.

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