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Enter the characters you see below Sorry, we just need to make sure you’re not a robot. We do not have access to your credit card information. If the payment is made outside of our business hours, we will process your order as soon as we can within 24 hours. We have the card information, serial number and receipt to back it up. Opinions expressed by Forbes Contributors are their own. I’m a senior editor in charge of Forbes’ education coverage. Susan Adams: What did you do before Roblox?
David Baszucki: I founded an educational software company called Knowledge Revolution. We had the first fully animated physics lab on the computer. You could take ropes, pulleys, balls and anything else you’d use in your physics textbook and the program would allow you to build anything you can think of in a physics lab. Adams: What happened to that company? 20 million by a public company called MSC Software.
Adams: It sounds like you didn’t need to work again. Adams: What made you want to start a new company? Baszucki: Seeing how kids lit up when they were creating things using our physics software made me think of what would be the ultimate platform for our imagination. Also I like construction toys and I saw the direction 3-D rendering was going.
It became clear to me that there was an opportunity to create an immersive, 3-D, multi-player platform in the cloud where people could imagine, create and share their experiences together. Adams: Doesn’t the blockbuster game Minecraft do that? Baszucki: Roblox was created before Minecraft and today it’s growing much more quickly than Minecraft. It’s very likely that in the next couple of years we will pass their number of active monthly users. Baszucki: I was attracted to this venture out of pure passion. But ten years later, people in the industry are starting to see the potential for the ultimate size of companies in this space. I believe companies like ours are going to be as large as media companies and social networking companies that are valued in the tens of billions of dollars.
I don’t know how long it will take but we know the opportunity is huge. Adams: How did you get the company off the ground? Baszucki: Another early employee of Knowledge Revolution and I got together and we wrote the first version of Roblox over the course of two years. 11 million from investors but we haven’t needed to raise any money in five years.