Roblox has gone public, and it did very well for itself in its first day of trading. 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. Roblox‘s employees and shareholders sold more than 388.2 million shares out of a total 650 million available in the direct listing. The shares are trading under the RBLX stock symbol on the New York Stock Exchange. Dean Takahashi at VentureBeat has the full story.
When the world was stopped, there wasn’t much to rely on. Although LANs were no longer possible, esports was one of the few things that was able to continue throughout the pandemic. For some people, being able to continue rooting for their favorite team made all of the difference. Ben Church at CNN tells the story of the connection between fans and their teams.
Do you know the name Joshua Mullins? Well, you’re about to. The kid who almost became a face of the esports industry, all while being a total fraud. A real life story that sounds like it’s straight out of Catch Me If You Can, only this time the star isn’t Leonardo DiCaprio. Jacob Wolf and Kevin hitt at Dot Esports take you through the wild ride of a homeschooled kid from Georgia, and how he almost duped companies like Riot Games.