Roblox Corporation 
Cofounded in 2004, online game-creation platform “Roblox” saw a huge surge in popularity of late that led Baszucki to take Roblox Corp. public in March 2021, and it closed its first day on the NYSE with a valuation of more than $38 billion. As of Q2 2021, quarterly revenue was up 127% from 2020, and the company expects its developer community of nearly 50 million daily active users (as of August) will net $500 million for themselves by year’s end....
Roblox Corporation
David
Baszucki
Founder / CEO
Cofounded in 2004, online game-creation platform “Roblox” saw a huge surge in popularity of late that led Baszucki to take Roblox Corp. public in March 2021, and it closed its first day on the NYSE with a valuation of more than $38 billion. As of Q2 2021, quarterly revenue was up 127% from 2020, and the company expects its developer community of nearly 50 million daily active users (as of August) will net $500 million for themselves by year’s end. Such engagement has garnered high-profile partners, with Lil Nas X performing virtually in November 2020 to an audience of 33 million. The company settled the National Music Publishers’ Association’s claims of widespread copyright infringement in September, clearing the way for lucrative revenue streams.
