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According to Reuters, Roblox is going public early next year. It expects the valuation could be doubled to $8B. Unity is a game engine software company and went public last week. Its current market valuation is $22B. Roblox is a game platform company and I think it should be as valuable as Unity. What is your opinion? https://www.reuters.com/article/us-roblox-ipo-exclusive-idUSKBN26M7EA
Real production games are made in Unity. Roblox is a platform for 10 year olds to make games. No comparison.
Unity isn’t even profitable. Roblox has multiple times the income of Unity. The top game on Roblox has hit 1.6 million concurrent users and makes tens of millions a month. So yes, no comparison.
Since when is profitability important for a tech company?
The numbers from that speculative article are way off
I won’t be surprised if we get acquired for $16B after that article honestly...
The fact that we have doubled in valuation in the past 6 months means that we might quadruple in the next year year and be worth $32B
It will come down to how the market views Roblox's business model. Are we a game company because our revenue comes from games and assets? Or are we a software company cus we don't make any games? That will determine what multiple we get when going public. (Tech companies have much higher earnings multiples than game companies)
Or are we a social company because we’re this generation’s Facebook?
Also roblox is more of a gaming pure play whereas Unity is a player in VR / AR and other industrial areas. Which has the potential for them to look pretty different in a couple of years. Obviously it's up to investors to determine whether they prefer one path over the other.
Roblox is more than just a gaming company.. we’re building the metaverse and is the next social platform. we’ll easily beat Unity’s valuation.
Roblox filed S-1 yesterday. It had more revenue of Q3 than Unity and grew faster than Unity. I think RBLX will have similar market valuation as U which is $33.25B.
“Roblox is a game platform company and I think it should be as valuable as Unity. “ what??????????????? So any social media platform should be valuable like fb then?