PC Gaming

8515 readers

652 users here now

For PC gaming news and discussion. PCGamingWiki

Rules:

Be Respectful.
No Spam or Porn.
No Advertising.
No Memes.
No Tech Support.
No questions about buying/building computers.
No game suggestions, friend requests, surveys, or begging.
No Let's Plays, streams, highlight reels/montages, random videos or shorts.
No off-topic posts/comments.
Use the original source, no clickbait titles, no duplicates. (Submissions should be from the original source if possible, unless from paywalled or non-english sources. If the title is clickbait or lacks context you may lightly edit the title.)

founded 1 year ago

MODERATORS

[email protected]

217

Roblox CEO delivers imperial announcement that the goal is '1 billion daily active users' and 10% of all global gaming revenue, thanks (www.pcgamer.com)

submitted 2 months ago by [email protected] to c/[email protected]

51 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Blue_Morpho 1 points 2 months ago (2 children)

Valuation is only useful for an exit strategy. They've already IPO'd. If they don't show profit, the stock will collapse.

[–] [email protected] 2 points 2 months ago (1 children)

Counterpoint: Tesla before they made a profit

[–] Blue_Morpho 1 points 2 months ago (1 children)

Tesla gave cars away for free to gain market share?

[–] [email protected] 1 points 2 months ago (1 children)

Their stock didn’t crater when they didn’t return a profit

[–] Blue_Morpho 1 points 2 months ago

They got money from the IPO. The money let them build a plant to sell cars at a profit. In 2016, they had burned through the IPO money and weren't selling the model 3 yet. Musk later admitted they were months from bankruptcy. The stock price was around $12 a share.

Selling cars at a profit is what caused their stock price to rise.

[–] Wooki 1 points 2 months ago (1 children)

Nitro makes plenty

[–] Blue_Morpho 0 points 2 months ago (1 children)

I'm unfamiliar with their games. They have no ads? Or are you talking about Discord?

[–] Wooki 0 points 2 months ago (1 children)

Discord - Nitro

[–] Blue_Morpho 0 points 2 months ago (1 children)

And if no one bought Nitro or advertised games Discord would run out of money.

That's the same as using Roblox without giving them any money.

[–] Wooki 0 points 2 months ago* (last edited 2 months ago) (1 children)

and if no one bought.

This isnt speculation here, they do, and they make A LOT from nitro subscriptions and server boosts.

[–] Blue_Morpho 0 points 2 months ago (1 children)

Yes but if everyone used their services without paying, they would go bankrupt. Just like using Roblox without paying costs them money.

[–] Wooki 0 points 2 months ago (1 children)

Don't forget every user generates a base income, for example from visiting and using boosted servers (other users pay), ad insights and other data mining

[–] Blue_Morpho 0 points 2 months ago

Ad insites is 3rd party ads which as I said Roblox doesn't do (yet).