Roblox announces a $520M financing round led by Altimeter Capital and Dragoneer at a $29.5B valuation, says it plans to go public soon via direct listing
an average of 2.6 hours a day. https://www.businesswire.com/ ...
CNBC Ari Levy
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Discussion
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Roblox
Coberst
on x
Roblox Raises $520M led by Altimeter Capital and Dragoneer Investment Group
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@altcap
Brad Gerstner
on x
Altimeter is thrilled to lead this round w @roblox as it transitions to the public market. Once considered just a game, @DaveBaszucki and team have created a massive global community positively connecting millions through creativity, communication, entertainment and commerce. htt…
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@firstadopter
Tae Kim
on x
Roblox raises money at $29.5 billion valuation and will pursue a direct listing IPO. Smart. Read my columns earlier in this thread on why it's the best solution. Roblox's prior valuation in Feb. 2020 was $4 billion, so it's up 7X https://www.businesswire.com/ ... https://www.busi…
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@jordannovet
Jordan Novet
on x
makes you wonder what Mojang is worth inside of Microsoft https://twitter.com/...
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@zhugeex
Daniel Ahmad
on x
More than 31 million people log in to the Roblox platform each day. Roblox said users spent 22.2 billion hours on its site during the first nine months of 2020—an average of 2.6 hours a day. https://www.businesswire.com/ ...