10/3/2023 0 Comments Roblox ipo valuationRoblox 101: Roblox’s mission is to create the “metaverse," which is a collective, virtual shared space where users explore, build, and socialize in 3D digital worlds. Roblox is now valued near household names like Electronic Arts ($37.6B) and Nintendo ($65.5B). Investors’ warm reception places Roblox among the world’s most valuable gaming companies. Social gaming platform Roblox is sitting at a $38B valuation after Wednesday's debut on the New York Stock Exchange, with its stock soaring 54% on opening day. Channing □ What Roblox IPO's $38B Valuation Means for Creatorsįrom the Indie Economy newsletter by Bobby Burch Want to share your ideas with nearly 70K indie hackers? Submit a section for us to include in a future newsletter. Her top hack? Living abroad for a few months each year keeps the inspiration flowing. Founder Jen Yip went from living in a commune in the French mountains to hitting 1,000 paying users and $80K ARR.unpaid acquisitions, founders should consider impact and ease before pursuing optimization. Product Hunt announced a new micro-grant program for early-stage startups, boosting the perks of one of the most popular unpaid growth channels.For founders, now's the time to tap into this virtual playground. Roblox's opening stock soared 54% at its NY Stock Exchange debut, proving that investors are on the road to the "metaverse." Roblox aims to become a platform of virtual human co-experience where users can play, find entertainment, learn, and work.Social gaming platform Roblox is sitting at a $38B valuation: (from the latest issue of the Indie Hackers newsletter)
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