Francisco Olivera from Arevilo Capital on Roblox $RBLX
Yet Another Value Podcast
English - April 20, 2021 12:00 - 1 hour - 46.5 MBInvesting Business value investing Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Francisco Olivera, founder of Arevilo Capital, discusses his newest investment in Roblox (RBLX). He covers his vision for the company, why he thinks it's more of a platform than a single game, and how he thinks the company will evolve over time.
Chapters
0:00 Intro
1:15 Roblox Overview
4:25 Comping Roblox to Minecraft and World of Warcraft
7:00 Defining the Roblox business model
11:35 Roblox valuation versus other game companies
18:45 Risk from Roblox's user base
26:25 Sustainability of Roblox's user base
29:38 Growing Roblox's DAU
34:00 Thinking about Roblox's COVID boost
37:00 Content moderation risk
42:00 Upside from Robux or messaging
49:10 Breaking down long term margins
52:40 Roblox's management team
57:15 Capital allocation going forward
59:55 Laying out a reasonable bull case
1:05:45 Quick Falcon and Winter Soldier catch up