1 Chart Showing Roblox's 12x Valuation Increase
Investors are eagerly anticipating buying shares of Roblox, the video game platform company, when the company goes public through a direct listing on Wednesday, March 10. And some investors may be wondering how the company's current $29.5 billion valuation was determined and how it compares to Roblox's previous valuations.
If you're interested in a full breakdown of Roblox stock, Millennial Money has a detailed article about the company's upcoming direct listing, but we're going to talk here about how Roblox's valuation has increased dramatically in less than three years.
Image source: Roblox.
Source Fool.com