The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 18 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Baszucki: Exposure to bad content on Roblox is extremely infrequent
“And right now where we're at is it's very, very, very infrequent that anyone on our platform runs into intentionally bad content.”
Baszucki: Interactive Physics was linked to all physics textbooks
“That interactive physics product, even though a small market really swept through the physics education market and got to the point where all the physics textbooks were linked to it.”
Baszucki: Roblox reached profitability on about $9 million of invested capital
“Ultimately the total amount of money that went into the company to get to the point of profit was about nine million dollars.”
Baszucki: By and large, all growth on Roblox has been viral
“We've done experiments along the way with paid acquisition to maybe accelerate here or there, but by and large, everything on Roblox has been viral.”
Baszucki: Knowledge Revolution reached 40 employees and $6M revenue before acquisition
“At our peak, we probably had 40 employees, and we were, I think we were doing six million a year when we were acquired.”
Baszucki: Knowledge Revolution was profitable throughout its entire existence
“We were profitable the whole time, because we were bootstrapping the company as we went.”
Baszucki: Early Roblox puzzle prototype failed virality test within a week
“We were in the midst of the very early phases of what we were doing, which was more of this super scalable physics puzzle system. We had some people play it but we knew within a week, oh my gosh, this is not going to go viral. We have a lot more work to do. An…”
Baszucki: Roblox ignored early critics who dismissed its graphics as too crude
“There were a lot of people we met in those days that is too primitive, too crude, not gonna be fun, games have to be this and that, that we really gently ignored, respectfully.”
Baszucki: Up to 1,000 users downloaded Roblox Studio within days
“We cannot believe in a couple days this early community at that time of 500 or a thousand people have all downloaded Roblox Studio, and we're seeing creations better than anything we can do.”
Baszucki: Roblox's first monetization model was advertising, restricted by COPPA
“We knew very early on that to be COPPA compliant, we would have to under-optimize our advertising, which is actually the first monetization thing we ever did.”
Baszucki: Only a small fraction of Roblox users buy Robux monthly
“Even to this day, you know, it's only a small portion of the people on our platform who buy Robux every month, and we do quite well on that.”
Baszucki: Roblox suffered declining monetization during rapid user growth
“There was a time in Roblox It's history where we were growing very rapidly on users and hours and all of that was good. But we had a really, it was kind of a difficult time where users were growing, but monetization was going the other direction.”
Baszucki: Roblox runs on early database systems built by Eric Cassel
“Some of the core areas of even inside Roblox today, the way we run the in-memory database, the way we do networking, these are still foundational things that Eric put together.”
Baszucki: Roblox has $3B in cash and generates cash
“We have three billion of cash in the bank. We generate cash.”
Baszucki: Built custom Apple II controllers using Radio Shack potentiometers
“I built asteroid type games, and there was a way to in a primitive way, go to Radio Shack and buy these knob potentiometers and wire them up to the Apple II and build a primitive game controller, and I can remember having my siblings come down and play this ch…”
Baszucki: Interactive Physics reached a $1M annual market
“What's interesting is maybe five or six years later, the market for interactive physics was about a million dollars a year.”