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But Hindenburg’s main insight is that Roblox has been lying about their profitability and growth to investors and the public.
“Roblox is lying to investors, regulators, and advertisers about the number of ‘people’ on its platform, inflating the key metric by 25-42%+,” Hindenburg said. What do you think?
A short seller report claims Roblox intentionally includes bots and alt accounts in its user numbers and fails to adequately protect children.
Roblox reportedly told the SEC in 2023 that it is "unable to identify if a user has multiple accounts," but Hindenburg calls that "a flat out lie" too, saying it's spoken to multiple former ...
There are risks and rewards of Roblox for kids. Here's how we balance screen time, ensure safety, and promote healthy gaming habits.