Roblox goes public at $41.9 billion valuation in direct listin | Crypto & Bitcoin News

Roblox goes public at $41.9 billion valuation in direct listing

Roblox, the platform for Lego-like user-generated games, went public today in a direct listing, where employees and investors finally get a chance to sell shares on the market. The initial price was far higher than the reference price of $45 a share, as the first trade was about $64.50 a share, giving the company a valuation of $41.9 billion.

https://venturebeat.com/2021/03/10/roblox-goes-public-at-42-2-billion-valuation-in-direct-listing/