Dave Baszucki: evaluation

Transcript context

…Reed Hastings of Netflix, he once said famously something like, “The main competitor to Netflix is sleep.” What’s the main competitor to Roblox? I would say that what we sometimes think about is the main competitor to Roblox is our own ability to execute and build on our vision. The reason I say that is the global gaming market for content, for people building games and playing games, is about a $200 billion market. Right now, coming off last year and going into next year, we’re in the $7 billion of projected revenue bookings this year. If you run $7 billion divided by $200 billion, that’s in the 3.5 percent to going on 4 percent of the global gaming market. We believe Roblox is somewhat unique in that we still have creators making games, we still have people playing them, but we believe the Roblox platform and the way we integrate everything from the tooling to the economy, to the safety and civility system, to the ability for creators to build a gamer experience one time, have it run on any device, have it autotranslate into any language is a real advantage to many up-and-coming creators. We’re really building this platform, and we’ve said publicly we’d like to get to 10 percent of that global gaming content market and beyond in the US. In a way, we’re competing with our own ability to build our platform at increasing levels of quality, to ship things more quickly we know our creators want. That’s how we think about it. Say someone knows your platform and at a given moment decides not to play a Roblox game, what are they probably doing instead? Sleeping? Their homework?…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.