![]() ![]() ![]() Nevertheless, it’s likely to go public in early 2021. The company should have been public by now, but decided to pull the listing because of the ludicrous success of Airbnb ( ABNB) and DoorDash’s ( DASH) IPOs (more on this later). Turns out the platform has been around for over a decade, is worth several billions and is used by nearly half of North America’s population under the age of 16. One such instance was my discovery of gaming platform Roblox ( NYSE: RBLX) this year. As I get closer to my 30s, instances that make me feel old become increasingly common. Pick up my sci-fi novels the Herokiller series, and The Earthborn Trilogy, which is also on audiobook. ![]() Roblox is only just getting started after 15 years, and it will remain a key part of the gaming landscape indefinitely, that much is clear.įollow me on Twitter, YouTube, Facebook and Instagram. I don’t know what Roblox’s stock will do going forward, but the future of the industry is going to be built on the backs of games like this, and it’s why Microsoft buying Minecraft several years ago for $2.5 billion looks like a steal. Is a $40 billion market cap overvaluing Roblox? Should a company with a single free to play game be worth twice what the maker of GTA 5 is worth, the best-selling AAA game of all time by several orders of magnitude? That’s something for the stock market to sort out, but there’s no question that Roblox has put the time in to warrant this kind of success, and it has quietly been amassing a truly astonishing amount of players including being the main gaming experience for hundreds of millions of children worldwide. ![]()
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