this post was submitted on 12 Oct 2024
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Gaming

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Edit 1: I am confused about the reason not a single popular YouTube channel is covering this.

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[–] some_guy@lemmy.sdf.org 19 points 2 months ago (1 children)

Holy shit, I had to stop reading part way through the pedo section cause it just kept going and going. Roblox is fucked up.

[–] MentalEdge@sopuli.xyz 22 points 2 months ago* (last edited 2 months ago)

Wait until you find out about the child labour stuff.

There may not be sweatshops in the developed world, but you can bet your ass a lot of roblox "dev studios" are really just one or two adults, exploiting a bunch of kids for free labour via discord.

Oh, and then there's the fully integrated speculative market for assets and cosmetics, where ten-year-olds gain and lose thousands of real dollars in robux.

The ecosystem around Roblox is a complete shitshow that no sane parent should allow a kid anywhere near.

[–] princessnorah@lemmy.blahaj.zone 6 points 2 months ago
[–] Kissaki@beehaw.org 4 points 2 months ago* (last edited 2 months ago)

The company has reported net losses every quarter since becoming a public company, with last twelve months (LTM) losses totaling $1.07 billion.

it's crazy that that's feasible and not already an issue. And for such a super popular platform. If it's not profitable now, when will it be?

When did it go public?

Roblox went public on the NYSE via a direct listing on March 10th, 2021, and has a current market capitalization of ~$27 billion.


Interviews reveal Roblox effectively has two sets of books for counting users: one for internal business decisions, in which multiple accounts are ‘de-alted’, and one used by the finance team that reports higher metrics to investors.


To better understand the company’s reported engagement, we hired a technical consultant that monitored the top ~7,200 Roblox games across ~2.1 million Roblox servers, collecting 297.7 million rows of real-time player data.

They did extensive, founded analysis.

[–] thingsiplay@beehaw.org 2 points 2 months ago