Came across this, so wondering how safe is Roblox. Given the tanking of the stock price and I know stock will crash further in next 6 months to 50% Biggest worry is that they haven't had a layoff yet https://www.teamblind.com/post/Google-Apple-Roblox-Pinterest-Uber-Airbnb-are-the-safest-now-OBbujqHk #layoff #roblox #google #meta
Why not buy puts instead and become a millionaire if you’re so confident
I have :)
How did those puts do this week, OP?
Stop asking about the safety. No typical Bay area company is safe. Take a chance if you really want to. I would not.
what's the harm in asking, may be some roblox guy will share info on why the company is too safe i.e. stocks might go down but there won't be layoffs because of XYZ reasons
and you will rely on that?
Roblox is small tech, anything is possible...unlike big tech
Saw someone on LinkedIn today saying that they got let go from Roblox.
I saw some soucers let go by roblox.
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If you know the stock will cut in half in six months, why you bother to know the lay-off probability
Because stock price crash may or may not lead to layoffs It depends on how much over-hiring they did, how much cash they have, how solid is the business Above all, stock market is stupid....they pumped the stock before crashing it and now it will do the reverse Market is all about making small fish i.e. retail investors loose money