Evidence receipt / observation
Published · transcript-backedBen Gilbert: observation
24 Mar 2021 Acquired Rec Room Part II (with CEO Nick Fajt)
“You have Epic and Fortnite’s growth. they're currently rumored to be raising at a $28 billion valuation, and Roblox's blockbuster IPO that they pulled last December because there was too much demand, and instead raised private capital and then did their direct listing this month and are now valued at $40 billion.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- observation
- Recorded
- 24 Mar 2021
- Publisher
- Acquired
Transcript context
…Whoo, we knew them when. Indeed. The background of all of this is that 2020 was a heck of a year for the entire metaverse category. You have Epic and Fortnite’s growth. they're currently rumored to be raising at a $28 billion valuation, and Roblox's blockbuster IPO that they pulled last December because there was too much demand, and instead raised private capital and then did their direct listing this month and are now valued at $40 billion. The price was too high.…
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