![]() The valuation story depends on Roblox's ability to continue growing once the Covid pandemic is in the rear-view mirror.Covid-19 has generated a huge boost to traffic with Daily Active Users ((DAUs)) growing 82%, hours engaged growing 122%, revenue growing 68%, bookings growing 171%, and a large $292.6 mm in free cash flow in the nine months ended Sept 30, 2020. ![]() Roblox plans to IPO before Christmas, so we take a look at the rumored valuation of $8bn.Roblox is a global platform where millions of people gather together to imagine, create, and share experiences with each other in immersive, user-generated 3D worlds.This makes me not the least qualified to gauge Roblox as a video game, but we are gauging its potential as a stock instead. Full disclosure, I have never played this game, but I did play Runescape many, many years ago. When Roblox was first brought to my attention, I thought they were some sort of gimmick legos. With news of a Roblox IPO, I decide to dive into this company to see what the hype is about. Hours respective to their own timezone.Read the FAQ if you're new to both wallstreetbets and trading. The rules and submission guidelines are maintained on new Reddit so be sure to check them and make sure you're up to date.
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