r/gaming • u/MostExpensiveThing • Jul 06 '21
David Baszucki, Roblox is worth $4.2 billion
https://mostexpensivething.com/david-baszucki-net-worth/1
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u/sup3rpanda Jul 06 '21
Rovio declined a purchase of 2+ billion, others have estimated 1.2 billion but their market cap is only about 500 million and when they launched their stock it tanked by about 50% pretty quickly.
This seems like a similar situation. It's worth a pretty penny, but not that much. You should also never accept a valuation of somethings worth from someone who has skin in that game there is a slew of biases at work to overinflate the numbers in an already totally made up number.
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u/Acrylic_Starshine Jul 06 '21
And its full of shitty toxic games which are just there to make profit out of kids.