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Growth And Disruption Are Gaining Undue Investor Importance, Says Aswath Damodaran
Companies aren’t meant to grow forever, says valuation guru Aswath Damodaran.
05 Aug 2019, 03:02 PM IST
Disruptors such as Reliance Jio Infocomm Ltd. or Paytm must be able to use their large subscriber bases to generate cash flows and profit for investors to find value in them, according to valuation guru Aswath Damodaran.Investors and valuers will have to think through the business model of subscription-based companies to understand how they make money, Damodaran, professor of finance at the Stern School of Business at New York Univer...
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