Excellent article on how Roblox fits into the larger creation of the metaverse.
— Avaer Kazmer (@webmixedreality) March 9, 2021
Vertical isolation generally called "monoverse" rather than "microverse" by the community, but it's a great reflection on what's great and what's missing.https://t.co/qWKu0jMjKj
Roblox is forecasting 2021 growth of 56% - 64%.
— Ari Levy (@levynews) March 10, 2021
That's going to require lots more RPU because user growth only expected to go up 6%-12%.
And Roblox says the amount of time people will spend on the app will be roughly flat.
For a long time, public markets wanted to see USER GROWTH GROWTH GROWTH out of newly-public internet companies.
— Ari Levy (@levynews) March 10, 2021
How will they feel about revenue growth but without a ton of new users?
“More than 1,250 developers earned at least $10,000 in the digital currency Robux, which can be converted to cash. Over 300 earned $100,000 or more.” https://t.co/xNCq864jGa
— Josh Lipton (@CNBCJosh) March 9, 2021
Roblox opened for trading @ 132p ET, $64.50 per share, valuing $RBLX @ $35.5 billion...intraday high so far $73.25, low $60.50.
— Dominic Chu (@TheDomino) March 10, 2021
Reference price was $45.https://t.co/Tn1NNuKtZq
(via @levynews @jbursz @CNBCtech @cnbc)
@firstround's investments in Roblox, Square and Uber were in the same fund, but their journeys looked very different. Roblox was more of a slow bake—and a reminder of the importance of patience in company building.
— Chris Fralic (@chrisfralic) March 10, 2021
My partner @joshk made this slide, which captures it well: pic.twitter.com/E0mV59sBqZ
In-game advertising is already part of the brick-and-mortar of @Roblox ... nascent, but enormous opportunity for brands to reach children and teens in engaged environment if they are smart and respectful about it ...@megancgraham https://t.co/Z2xlY4lYqj
— Dave Morgan (@davemorgannyc) March 10, 2021
Roblox's huge surge over the past year demonstrates how the pandemic has led to a financial bonanza in the gaming industry, which has seen a frenzy of acquisitions and startups getting funded at a record rate. https://t.co/YUTie9lgcN
— Kellen Browning (@Kellen_Browning) March 10, 2021
These 20-year old Roblox developers making ~$50,000 a month
— Ari Levy (@levynews) March 9, 2021
Roblox paid out almost $330 mln last year to game creators
How much will it the company be worth tomorrow? https://t.co/0541yGTObq
Huge shout-out to David for doing the right thing for his employees and shareholders by choosing to protect @Roblox from the free give-always from the broken IPO process. Let ‘em be “30x oversubscribed” on someone else’s business. https://t.co/Bk11YbB9KO
— Bill Gurley (@bgurley) March 10, 2021
As noted in today's newsletter:
— Dan Primack (@danprimack) March 10, 2021
More than 7% of Roblox is held by friends/family of CEO Dave Baszucki, most of whom he met as a kid in Minnesota (and who then helped seed the co), Including someone whose lawn he used to cut.
Roblox, the massive online gaming platform popular among children, has just opened for trading ($RBLX) at $64.5 per share, valuing the company at $41.9 billion (!!!!) -- up from $4 billion just over a year ago. https://t.co/YUTie9lgcN
— Kellen Browning (@Kellen_Browning) March 10, 2021
Roblox reference price is $45 (likely not where it will open).
— Ari Levy (@levynews) March 10, 2021
BUT, at that price ($29.5 bln valuation), it would be valued at 20x 2021 revenue.
Unity is valued at 27x 2021 revenue.
Roblox is bigger AND growing much faster.
BUT Roblox's post-pandemic business is a BIG ??
The Roblox Microverse
— Stratechery (@stratechery) March 9, 2021
Roblox is something new and interesting that abstracts away the platforms underneath it.https://t.co/mIm0arYfnS
In 2004, we founded @Roblox with the vision of connecting the world. Today, as we celebrate our direct listing on the @NYSE, we recognize the potential ahead of us: to build the platform where billions of people come together to learn, work, and play. #RobloxIPO
— David Baszucki (@DavidBaszucki) March 10, 2021
This is pretty niche but it's a fantastic read. A lot going on but think it lays out some really interesting ideas to take to the future of social/community products and games https://t.co/sC1bl9tEMl
— Roberto Kusabbi (@RKTweets) March 9, 2021
Roblox goes public at $42.2 billion valuation in direct listing https://t.co/XsmXkjp73Z by @deantak
— GamesBeat (@GamesBeat) March 10, 2021
????
— Asha Easton (@AshaMarie18) March 10, 2021
Roblox goes public at $41.9 billion valuation in direct listing https://t.co/dvDBTqHYRM via @VentureBeat
More than 1,000 employees are winners today, as stock is at $69 a share. $RBLX Roblox goes public at $41.9 billion valuation in direct listing https://t.co/gftF9N78NJ
— Dean Takahashi (@deantak) March 10, 2021
Pretty strong opening, above $70 a share now. Roblox goes public at $42.2 billion valuation in direct listing https://t.co/gftF9N78NJ
— Dean Takahashi (@deantak) March 10, 2021
Roblox, the massive online gaming platform popular among children, has just opened for trading ($RBLX) at $64.5 per share, valuing the company at $41.9 billion (!!!!) -- up from $4 billion just over a year ago. https://t.co/YUTie9lgcN
— Kellen Browning (@Kellen_Browning) March 10, 2021
.@MyDroplets got a cute little feature in @nytimes article announcing the $RBLX stock ? https://t.co/GU02pA6kjH#Roblox pic.twitter.com/IiGzpWduuj
— Anne Shoemaker (@TheMyzta) March 10, 2021
Roblox goes public at $41.9 billion valuation in direct listing https://t.co/9Z5uMTtIsE
— GamesBeat (@GamesBeat) March 11, 2021
Roblox stock closed at $45 billion value in its first day as a public company. https://t.co/gftF9N78NJ via @VentureBeat
— Dean Takahashi (@deantak) March 11, 2021
드디어 로블록스가 뉴욕 증시에 직상장했고 첫날 종가 기준 시가총액 452억 달러
— Designing Narrative Presence (@ilnaezza) March 10, 2021
여기 연매출이 아직 10억 달러가 안되고 적자가 나는 곳인데. (분기별로 매출이 급상승하고 있긴하지만 매 분기 적자 중)https://t.co/AUFhw5Qcn7
“The game industry’s swimming in cash,” said Joost van Dreunen, a New York University professor who studies the business of video games. “It’s just raining money on these people, on these companies.”https://t.co/UuNFso4uuf
— Gametube ?? (@GametubeI) March 11, 2021