How Roblox embraced indie game makers to become a $30 billion company

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

How Roblox embraced indie game makers to become a $30B company.

who are out to take advantage of some of the millions of kids who are ready and willing to spend their parents money on Robux.

“Because of the popularity of our platform, we believe that we are an attractive target for these sorts of attacks,” Roblox said in its prospectus. The company said it’s investing to make sure outside parties can’t access user data and to prevent phishing, spamming and malware as much as possible. Hicks has a deep economic interest in Roblox keeping its site clean and prosperous. In 2020, his game studio,In addition to Robloxian High School, RedManta is the developer of World // Zero, where kids team up to fight monsters. Hicks started the company in 2018 after dropping out of Carleton University in Canada and relocating to Silicon Valley. He was already making $50,000 a month from the high school game and was ready to reinvest his profits to build a business.

“I had hired to our capacity, so when the game started to do not as well I could see a future where we would not have money in the bank to keep funding it,” Hicks said. “That experience gave us the foresight for how to scale without taking too big of a risk.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

💖 PLEASE READ💖👀 James will reject His new 💙 & die, w/out proper antirejection meds & follow-up, WE ARE OUT OF TIME to get this funded, transplant window opens in a week, PLEASE, if U can't donate, just retweet so others can see,Thank You! AboysHeart

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines