Valuation Expert Says the Latest IPOs are Too Expensive
April 23, 2019 at 13:07 PM EDT
NYU Stern professor Aswath Damodaran has been dubbed “Wall Street’s Dean of Valuation,” so it’s almost obligatory to ask what he thinks of the latest initial public offerings (IPOs) from the likes of Lyft, Zoom and Pinterest. Taken together, there is one common...