Amazing Presentation from Mr Aswath Damodaran, Professor, The Stern School of Business
- Companies not acting its age.
- Valuation is not just number but the more about the Story embedded (Valuation changed from 5 Billion to 53 billion when uber defined itself as logistic company)
- Great CEO- definition changes with life cycle of company ie Young, mature and decline
- Cash burn is feature and not a bug for start-up. They need to make money
- Compressed life cycle of company( Gives an E.g. If GE and Yahoo. Yahoo saw all the life cycle in short period)
- Startup are like Teenage- they behave stupid
- Investing/ Financing/dividend as per life cycle
- Amazon- disruption platform. Pray that they don’t enter your business . Watch this presentation
