Covid-19 has generated a huge boost to traffic with Daily Active Users ((DAUs)) growing 82%, hours engaged growing 122%, revenue growing 68%, bookings growing 171%, and a large $292.6 mm in free cash flow in the nine months ended Sept 30, 2020.Roblox plans to IPO before Christmas, so we take a look at the rumored valuation of $8bn.Roblox is a global platform where millions of people gather together to imagine, create, and share experiences with each other in immersive, user-generated 3D worlds.This makes me not the least qualified to gauge Roblox as a video game, but we are gauging its potential as a stock instead. Full disclosure, I have never played this game, but I did play Runescape many, many years ago. When Roblox was first brought to my attention, I thought they were some sort of gimmick legos. With news of a Roblox IPO, I decide to dive into this company to see what the hype is about. Hours respective to their own timezone. ![]() Read the FAQ if you're new to both wallstreetbets and trading. ![]() The rules and submission guidelines are maintained on new Reddit so be sure to check them and make sure you're up to date.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |