The Roblox Gambit
The Roblox direct listing wwill lay down some groundwork for new conventional wisdom when it comes to pricing public listings and which methods are good to use. So it turns out that Roblox is worth $29.5 billion. That’s the lesson th.....»»
Gamefam aims to be the first big gaming company built on Roblox
Roblox went public yesterday after seeing tremendous growth in 2020, and that’s not just good news for the company’s employees and investors — there are also startups like Gamefam hoping to take advantage of the platform’s success.....»»
Roblox: David Baszucki worth $4.6bn as shares soar
First day's trading sees David Baszucki's firm now worth more than some of the biggest gaming firms......»»
Roblox goes public via direct listing, soars to $38 billion valuation
Roblox was valued at about $29.5 billion in a January funding round, though its true public value was up to the market to decide. On its first day of trading, Roblox got a big 40% bump giving the company a market cap of just over $38 billion......»»
Welcome to Bloxburg, public investors
As Roblox began to trade today, the company’s shares shot above its reference price of $45 per share. Currently, Roblox is trading at $71.10 per share, up just over 60% from the reference price that it announced last night. That effort finally.....»»
Daily Crunch: Apple announces a chip design center in Germany
Apple is making a big investment in Germany, Russia takes aim at Twitter and Roblox goes public. This is your Daily Crunch for March 10, 2021. P.S. Don’t forget to sign up for TC Early Stage 2021, a virtual event focused on operations and fundr.....»»
Roblox: How the children"s game became a $30bn bet on the Metaverse
The gaming company, which has just floated on Wall Street, has plans to inhabit a wider world......»»
Report: Tesla is secretly building a giant 100 MW battery in Texas
Last month's power failures in Texas highlighted grid reliability concerns. A sign reads "Gambit Construction Entrance" at a construction site outside Angleton, Texas, on March 4, 2021......»»
Makers of ‘kid’s first virtual world’ Animal Jam targets Gen Z teens with Fer.al debut
Before kids graduate to the expansive virtual worlds in games like Roblox, Minecraft, and Fortnite, they often get their start in online social gaming with a game like Animal Jam. Here, kids learn to personalize their avatar, explore a world, chat wi.....»»
Tesla is plugging a secret mega-battery into the Texas grid, report says
The 100-megawatt battery being built by Tesla subsidiary Gambit Energy Storage could power about 20,000 homes on a hot summer day, Bloomberg reported......»»
Roblox plans to go public on March 10 via a direct listing following $29.5 billion valuation
This is big news for Roblox, as well as its more avid fans. Interested parties can check out the company's full SEC filing here. The prospectus lays out the details of Roblox's business model and financials (it earned $924 million in revenue througho.....»»
Destiny 2 Gambit guide: Tips and tricks to defeat the Primeval first
Want to bank more motes, summon the Primeval faster, and dispatch invaders with ease? Our Destiny 2 Gambit guide walks you through the basics......»»
How Roblox’s creator accelerator helps the gaming giant build new platform opportunities
As Roblox eyes what could be a historic debut on public markets in the coming months, investors who have valued the company at $29.5 billion are certainly eyeing the gaming company’s dedicated and youthful user base, but it’s the 7 millio.....»»
Inspirit launches to bring Minecraft creativity to biology class
Aditya Vishwanath, the founder of Inspirit, wants to bring the creativity associated with Minecraft to the day-to-day schoolwork of students around the world. “These students are coming from TikTok and playing Roblox games [that are] highly interac.....»»
Extra Crunch roundup: 2 VC surveys, Tesla’s melt up, The Roblox Gambit, more
Thanks very much for reading Extra Crunch this week. I hope we can all look forward to a nice, boring weekend with no breaking news alerts. This has been quite a week. Instead of walking backward through the last few days of chaos and uncer.....»»
The Roblox Gambit
The Roblox direct listing wwill lay down some groundwork for new conventional wisdom when it comes to pricing public listings and which methods are good to use. So it turns out that Roblox is worth $29.5 billion. That’s the lesson th.....»»
Daily Crunch: Facebook bans Trump for two weeks
Online platforms take action against President Trump, Lenovo tries out a swiveling screen and Roblox raises $250 million. This is your Daily Crunch for January 7, 2021. The big story: Facebook bans Trump for two weeks After a pro-Trump mob stormed th.....»»
Roblox raises at $29.5 billion valuation, readies for direct listing
Roblox is now one of the world’s most valuable private companies in the world after a monster Series H raise brings the social gaming platform a stratospheric $29.5 billion valuation. The company won’t be private for long, though. The $52.....»»
Game maker Roblox"s value rockets seven-fold during pandemic
The online game maker is now pushing ahead with a shares debut after securing fresh funding......»»
What Are You Paying For in a $300 Chess Set? Mostly the Knights
If you bought a wooden chess set after watching "The Queen's Gambit," the price you paid was most likely dictated by just four pieces. From a report: The knights alone can account for as much as 50 percent of the cost of a nice wooden set. While the.....»»
Roblox buys digital avatar startup Loom.ai
Roblox announced today that it’s buying a digital avatar startup called Loom.ai. Purchasing a company that has focused singularly on creating more realistic human avatars is an interesting play for a gaming platform that has made such an impact.....»»