How Roblox Became A $30 Billion Company

Показать описание

More than half of the children in the United States play video games on Roblox. In fact, the massively popular gaming platform has grown so much during the coronavirus pandemic, the company’s valuation has skyrocketed from $4 billion in early 2020 to $30 billion in early 2021.

What makes Roblox so popular? It’s a social gaming platform where users can play a library of games and hang out and chat with their friends. There are games for all ages and tastes — games where you raise a virtual pet, operate a pizzeria with friends or run amok in an open-world take on cops-and-robbers. Here’s a look at Roblox’s business model, why investors are excited about the platform, and the company’s plans to go public in 2021.

About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online

#CNBC

How Roblox Became A $30 Billion Company

Рекомендации по теме

Комментарии

Was playing this game in 2010. The fact that it’s going public all these years later is wild. It’s evolved a lot. Used to look way different.

kevinowens

As a roblox youtuber I didn't expect CNBC to be talking about the platform. Crazy to think that it's going to IPO soon..

ScriptedMatt

All the real ones remember when tix were a thing.

dogbert

wow CNBC definitely surprising us with a video like this!

Lilbrowne

Kids were playing Roblox when I was in elementary school in the mid 2000s.
Interesting how it still sticks around today.

NotDanValentine

“More than half of kids in America play something called Roblox”
The fact I didn’t know that many played in America is funny af

fiascofluff

The video is basically a 9 minute advertisement for the ROBLOX IPO.

sunshineimperials

So over $100 billion has been spent from all the parents credit cards into Roblox...

That's pretty god damn impressive.

DlcEnergy

That awkward moment when Roblox is worth more than Bosnia and Herzegovina....

LilKenuthia

me sitting here: i played this when it first came out and had tix....

mads

Man brings back memories, I remember making my first account in 2006.

josephdorian

I used to play Roblox back in 07 to 09. Interesting how different it is now, it has completely changed.

olympusmons

I played this game for 8 years. I’m stunned that you did this David, even when I kinda met you in 2013 on a jet engine testing game made by diddleshot, you done it, your company is soaring now. Congratulations man.

aircraftandmore

I don’t like how they only mentioned some of the role play games meant for the very youngest players. Roblox has some decent shooters and real time strategy games even though they just don’t get played as much.

matthewcollins