Hey, you know what’s worth $4 billion these days? It’s not your Magic: The Gathering collection, that’s for sure. No, it happens to be the mega-massive online game builder Roblox, which clocks in monthly users in excess of a hundred million – a figure that shouldn’t surprise you if you’ve been following its presence on multiple SuperData charts for the last while.
This valuation came about as part of a new round of investor fundraising. Venture Capital firm Andreessen Horowitz led the charge to invest $150 million into the game, with Roblox additionally opening “a tender offer for up to $350 million of common and preferred shares.” The online platform is insanely successful, drawing in over 115 million players every month.
This investment will help propel Roblox to even greater heights, said CEO David Baszucki: “Looking ahead, we’re doubling down on our commitment to building the most advanced tools and technology to take our creators and players into the metaverse of the future.”
Curious about what players can do with Roblox? It’s pretty much anything they dream up, such as this full-on recreation of The Office’s Dunder Mifflin. Identity theft is not a joke, Jim!
