Gaming

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From video gaming to card games and stuff in between, if it's gaming you can probably discuss it here!

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Roblox loses $70 billion in value as company blames lack of viral games (www.dexerto.com)

submitted 1 week ago by remington@beehaw.org to c/gaming@beehaw.org

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[–] orca@orcas.enjoying.yachts 17 points 1 week ago (2 children)

A company losing a fuck load of money because its users aren’t making interesting games with their product, sounds like a massively stupid product right out of the gate lmao.

[–] smeg@feddit.uk 17 points 1 week ago (1 children)

It's not that the company is losing money, it's just what investors think their company is worth is now less

The company also reported that ‘bookings’, a key measure of player spending, grew by just 8% year over year after previously posting much stronger growth

This is the most relevant thing the article mentions; they're still making money, more money than they did last year

Financial news is weird, it all just seems like random guesswork and made up numbers

[–] LurkingLuddite@piefed.social 2 points 1 week ago

That's exactly what it is.

[–] FiniteBanjo@feddit.online 4 points 1 week ago

This is a really interesting topic because apparently all of the hit games produced on Roblox were just clones of hit games on steam in general.