By Amber Deter On Monday, the company announced a Roblox IPO was confidentially filed. After a year of growth and the success of one of its competitors, Unity (NYSE: U), Roblox decided it was time for Roblox stock to hit the market.
But is Roblox a good investment opportunity? Here’s what we know…
Roblox IPO: The Business
CEO David Baszucki and former VP Erik Cassel founded Roblox in 2004. Released in 2006, Roblox is an online gaming platform and game creation system. It lets users create games and play games made by other users. Roblox’s games are free to play. However, to do more things and …read more
