added by sari and · updated 2y ago
The Building Blocks of Tech
- Marketplaces: "mitigate complexity in a mature creator platform."
from The Building Blocks of Tech by Rex Woodbury
Jay Matthews added 2y ago
- According to insiders, Roblox’s most popular game accounts for only ~10% of revenue. Its top 50 games account for ~50-60% of revenue.
from The Building Blocks of Tech by Rex Woodbury
sari added 3y ago
- Platform durability: wide range of apps with low revenue concentration
- Creator Economics: convert users to creators then retain and increase engagement
- Growth Flywheel: virtuous cycle where more creation drives more revenue and a better product
from The Building Blocks of Tech by Rex Woodbury
Jay Matthews added 2y ago
- "we're not a game; we're a platform for creativity and play. We provide tools and support for people to build what their imagination wants. The only limit is their imagination." — Chris Misner, head of Roblox International
from The Building Blocks of Tech by Rex Woodbury
Jay Matthews added 2y ago
- Low code / no code isn’t a new category of startups, but rather a change in how people interact with technology.
from The Building Blocks of Tech by Rex Woodbury
sari added 3y ago
- About 80% of U.S. kids age 9 to 12 have played Roblox.
from The Building Blocks of Tech by Rex Woodbury
sari added 3y ago
- It’s important to clarify that Roblox isn’t a game. It’s a game-creation platform. Roblox has never published a single game; rather, its users create games using Lego-like building blocks in Roblox Studio.
from The Building Blocks of Tech by Rex Woodbury
sari added 3y ago
- More games attract more users. More users lead to more revenue, which leads to more money paid out to developers. This attracts more developers, which leads to more games, and the flywheel spins faster.
from The Building Blocks of Tech by Rex Woodbury
sari added 3y ago
- This is incredibly attractive in an industry historically beleaguered by an overreliance on hit games. Roblox’s platform approach means that it’s insulated from fad risk.
from The Building Blocks of Tech by Rex Woodbury
sari added 3y ago