After a delayed IPO and quadrupling the company valuation, Roblox corporation has announced that they will hold their direct listing of RBLX shares on March 10, 2021. Alex discusses the gaming platform’s much anticipated public stock availability and the $1 billion plus payday co-founder and CEO David Baszucki stands to make if Roblox performs up to its high expectations. Baszucki, the largest Roblox shareholder, will forgo any cash and equity compensation as of the company’s direct listing.
Roblox Shares to Begin Trading March 10: www.wsj.com/articles/roblox-shares-to-begin-trading-march-10-11614010874
Originally Aired: 02/23/21
#Gaming #RobloxStock #RobloxIPO
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