Roblox Files Paperwork to go Public

[Random_Person1234]

Summary

Roblox (yes, that Roblox) has confidentially filed paperwork with the SEC to go public. Roblox, valued at 4 billion dollars, has not detailed the number of shares it is planning to offer. They also say that their debut is "subject to market and other conditions."

 

Quotes

Quote

The gaming company Roblox  announced today that it had confidentially filed paperwork with the SEC to make its public debut.

In February, the company, which operates a free-to-play gaming empire with tens of million of users, was valued at $4 billion after a Series G funding round led by Andreessen Horowitz . The company has raised more than $335 million in venture capital funding, according to Crunchbase.

 

My thoughts

Too bad 8 year olds can't invest.

 

Sources

https://techcrunch.com/2020/10/12/free-to-play-gaming-giant-roblox-confidentially-files-to-go-public/

[Helpful Tech Witch]

1 hour ago, Random_Person1234 said:

oo bad 8 year olds can't invest.

Yeah, they would need a credit card or something.

[Bombastinator]

Lol. “confidentially”.  I guess that was a fail.

[Fatih19]

Seems like a low-risk high-reward investment.

[Bombastinator]

7 minutes ago, Fatih19 said:

Seems like a low-risk high-reward investment.

Which means it won’t be available to peons like us.  Traditionally initial share offerings are only offered as incentives to long time customers.  If it is available it means the long time customers don’t WANT it which means that it would not be the low risk high reward opportunity it appears to be.

[eeeee1]

once you go onto roblox.com, you can see how this is going to turn out

[Kisai]

7 hours ago, Random_Person1234 said:

Summary

Roblox (yes, that Roblox) has confidentially filed paperwork with the SEC to go public. Roblox, valued at 4 billion dollars, has not detailed the number of shares it is planning to offer. They also say that their debut is "subject to market and other conditions."

 

Quotes

 

My thoughts

Too bad 8 year olds can't invest.

 

Sources

https://techcrunch.com/2020/10/12/free-to-play-gaming-giant-roblox-confidentially-files-to-go-public/

Time to cash out before some executives drive it into the ground.

[narrdarr]

better invest before Roblox the movie comes out and then make a game out it.

[Fnige]

11 hours ago, lexusgamer05 said:

you can't go wrong investing in Roblox, they're going to make tons of money from the kids stealing their parents credit cards

About 100 million i think

[Fnige]

20 hours ago, eeeee1 said:

once you go onto roblox.com, you can see how this is going to turn out

We didnt need the publication of roblox to happen for it to deal with shit 

 

Edit: Attempt at a better word

[suicidalfranco]

time to become a souless husk in order to please the investors who understand so much about what makes good games great: recursive monetisation, turn players into spenders, don't ask questions just consume product and then get excited for next product

[williamcll]

2 hours ago, suicidalfranco said:

time to become a souless husk in order to please the investors who understand so much about what makes good games great: recursive monetisation, turn players into spenders, don't ask questions just consume product and then get excited for next product

You assume that Roblox isn't already like that since day 1.

[BuckGup]

My friend used to make roblox maps and he would make around $11,000 per map divided 3 ways. I still have no idea where that money comes from 

[soldier_ph]

21 hours ago, Random_Person1234 said:

Andreessen

With only two "e"s that means addresses in German. 

[eeeee1]

11 hours ago, SlimyPython said:

publifacation

pardon me?

[Fnige]

2 minutes ago, eeeee1 said:

pardon me?

the action of this word (Public) whatever its called

[DavidKalinowski]

7 hours ago, BuckGup said:

My friend used to make roblox maps and he would make around $11,000 per map divided 3 ways. I still have no idea where that money comes from 

robux. alot of that stuff is cheap, my son plays on roblox a lot. I can give him like 5-10$ of real money and convert that to robux, he then buys skins, games, etc. if 15-20K people do the same thing, at even 1$ a pop with lets be generous, 70% going to the creator, thats 10K USD... from one thing.... I need to look into making things on roblox....

[DavidKalinowski]

1 minute ago, SlimyPython said:

the action of this word (Public) whatever its called

I think publication would still be the correct (although odd in the context) usage. It would be more understandable to simple say IPO (initial public offering)

[Fnige]

4 minutes ago, DavidKalinowski said:

robux. alot of that stuff is cheap, my son plays on roblox a lot. I can give him like 5-10$ of real money and convert that to robux, he then buys skins, games, etc. if 15-20K people do the same thing, at even 1$ a pop with lets be generous, 70% going to the creator, thats 10K USD... from one thing.... I need to look into making things on roblox....

Hell, Luau is not the hardest thing to code with, just have to actually get people to play your game. Which isnt easy

[Bombastinator]

43 minutes ago, eeeee1 said:

pardon me?

I assumed To publish.  To make public.  Might have been spelled badly.  Possibly a “not actually a word” situation.  Publishing has become, while not exactly an outdated term, one that needs perhaps a more general descriptor as there are a lot more kinds of records these days than print on paper

Edited October 13, 2020 by Bombastinator

[Fnige]

8 minutes ago, Bombastinator said:

I assumed To publish.  To make public.  Might have been spelled badly.  Possibly a “not actually a word” situation.

Your correct on that

 

Would publication fit better

[Bombastinator]

1 hour ago, SlimyPython said:

Your correct on that

 

Would publication fit better

Not sure.  I actually kind of liked it.  I am off en fond of “not actually a word” things though so I am perhaps a poor judge.

[Hassan170]

On 10/13/2020 at 7:50 AM, Fatih19 said:

Seems like a low-risk high-reward investment.

no shit

On 10/13/2020 at 9:39 AM, eeeee1 said:

once you go onto roblox.com, you can see how this is going to turn out

what are you talking about its been this way as far as i can remeber

14 hours ago, BuckGup said:

My friend used to make roblox maps and he would make around $11,000 per map divided 3 ways. I still have no idea where that money comes from 

hmmmmmmmmmmmmmmmmmmm well im not doing anything during quarantine.....

[Hassan170]

Real talk tho

I for one have played roblox quite a bit (with my little bro) and i am very ashamed to admit that i have spent money on robux (ik I'm an idiot).

For the most part almost all the games are knockoffs of well-known PC/Console titles (COD zombies, Battlefield, Half-life and so forth) there are some good ones and there are of course bad ones (pop-up hell). My opinion is that its going to spiral into oblivion due to its greed and something else will come along to replace it. Pretty much EVERY game is pay-to-win (more like pay-to-torture other players) if you have the cash money for it.

[eeeee1]

16 hours ago, Hassan170 said:

what are you talking about its been this way as far as i can remeber

i mean, i can only take a game so seriously when they have such wonderful games like Adopt Me, and (insert normal activity you could do right now!) simulators.

(very ashamed here) I used to play Roblox and when i was kinda in my "this site is real cool!" days, the games were much more generic