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At Roblox, we’ve always believed teams are most successful when aligned around a shared vision and given the autonomy to tackle big opportunities. This principle has been a guiding force as we’ve navigated the challenges of the pandemic over the past two years—and it will be the cornerstone of our approach as we think about the future of work at Roblox.
- Strong Tailwinds
- Users, Revenue Surging
- Behold The Metaverse
“Video gaming has a lot of strong tailwinds,” says Jimmy Stone, a finance expert in the Toptal network since 2018 and managing partner at financial consulting firm Alderbrook Companies LLC. “Not a lot of industries that large are growing that quickly and it checks a lot of the investment theme boxes from the pandemic.” The expansion of mobile conne...
Daily active users on Roblox’s platform rose 85% to 32.6 million in 2020, compared to the year prior. Revenue, which is driven by small purchases known as microtransactions that players make during games, surged 82% to $924 million. The company is forecastingcontinued revenue growth in 2021, albeit at a slightly lower pace of about 60% year-over-ye...
From its founding, Roblox has envisioned an immersive social community for its players it calls the metaverse, like the one depicted in the 2018 movie “Ready Player One.” Just like in the film, Roblox users exist as avatars on the platform and can traverse the millions of gaming experiences available using the same identity. Or they can partake in ...
In our most recent analysis of the promotion rates of women and men in the second half of 2022, 13% of women and 9% of men at Roblox were promoted. Moreover, as of June 30, 2023, about 30% of leaders at Roblox are women. This, of course, is not yet where we want to be. But it represents a 40% increase in women in leadership positions from June ...
Mar 11, 2021 · Beyond the growth flywheel, Roblox's earnings and balance sheet also show tremendous success at scaling. Roblox's revenue was up 68% year-over-year (YOY) to $589M for the first 9 months of 2020 (Roblox S1) The company's operating income was of -$206M, but it has a positive free cash flow of $293M with a free cash-flow margin of 50% (S1).
- Benjamin Schroeder
Mar 11, 2021 · The company ended up with a market capitalization of roughly $45 billion, per a report from The Wall Street Journal. To give you an idea of how huge that is, Epic Games, maker of the ever-popular ...
Jul 11, 2019 · The company started an accelerator for developers and teams in 2015, and a conference the same year. In short, Roblox has left behind its slow, steady growth and moved into a period of high growth ...
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Our Corporate Development strategy accelerates innovation by bringing in talented and innovative startups that are vision-aligned,” said Kyle Price, Chief of Staff & Head of Corporate Development. We spoke with eight former founders that joined Roblox through acquisition. Below are their stories about why they decided to join and stay at Roblox.
