what company owns roblox

1 year ago 124
Nature

Roblox Corporation is an American video game developer based in San Mateo, California, and it was founded in 2004 by David Baszucki and Erik Cassel. The company is the developer of Roblox, which was released in 2006. As of December 31, 2022, the company employs over 2,100 people. Roblox is owned by several individuals, including David Baszucki and Gregory Baszucki, who hold stakes of 2.3% and 2.6%, respectively. Anthony Lee, the managing partner at Altos Ventures, holds a significant stake of 15.3%. The largest owner of Roblox is the private equity firm Altos Ventures, which owns 13.0% of the company. The second-largest Roblox owner is Roblox’s co-founder, CEO, and chairman David Baszucki, who owns an 8.8% ownership stake.