NYU's Damodaran: Uber Made the Right Choice Leaving China

The transcript discusses Uber's valuation, highlighting its rapid revenue growth but significant financial losses. It explores Uber's strategic decisions, such as exiting the Chinese market due to high cash burn and competition. The discussion also covers Uber's global market challenges, potential future valuations, and the impact of networking effects on its business model.

What are the potential outcomes for Uber's valuation according to the discussion?

How does the concept of 'networking effect' apply to Uber's position in the ride-sharing market?