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David Baszucki developed Roblox to allow people to design their games, and thanks to the platform's success, his net worth has soared above $4 billion.
Roblox went public last week and is worth $45 billion -- why is Roblox so interesting to people with money, and what does that tell us about games as a whole?
How far off is Roblox Corporation (NYSE:RBLX) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by taking the expected future ...
Roblox is still not profitable. It lost more than $253 million in 2020, up from a loss or about $71 million a year earlier. Baszucki said the company will look to generate more sales from advertising.
Roblox has added $26 billion to its valuation since going public in March, making it worth more than brands like FedEx and Ferrari.