Market will speak
Focus on business performance not price performance. What specifics disappointed you in their business result?
20 percent growth
They serve pretty different markets. Also Roblox is more a platform than a game dev company like Zynga.
Roblox is kinda a platform…is one game, comprised with hundreds or thousands (mostly ass) mini games
Its a pump and dump show going on 🍿. Noone is interested to build a real business. Real businesses grow slow but the mantra here seems to be fail fast (as soon as the top folks founders/investors cash out from hype).
Bruh
Zynga got screwed because it was built on top of Facebook. Zynga would have had a very bright future if Facebook hadn’t screwed it. Roblox doesn’t have that issue.
As someone who works here, it’s a whole bunch of noise. Of course we aren’t “profitable”, we take the positive cash flow that show in the financials and reinvest it. Most notably into safety and engine upgrades right now. As far as actual user metrics, it’s strong as hell. It’s gonna be a rollercoaster for the stock, but it’s heading in an upwards direction. Personally, these WSB takes only hurt the workers of this industry because the understanding of the companies can lead you to pursue sounder companies when you guys jump ship and pursue more TC (as I’ve obviously done before). Or just pass this post up as cope. ¯\_(ツ)_/¯
It’s hard to earn money from Games .. esp recurring ones .. giving such high salaries and not making enough profit is not gonna work it’s a classic case of Robinhood model.. You cannot compete with G/ F for talent wars as they have huge cash flow..
We make hella profit man, the numbers are publicly available lol.
@paypal They booked 770 million last quarter….
That dough be massive in games
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