Basically, we hear a lot about the metaverse, and they are the ones that are at the forefront of the metaverse at the current time. There's games where you can pretend where you own a house and you're living in a community. They have games where you can pretend like you're working at a pizza store. Then you jump into one of the many different experiences they have. You can add clothes, hats, different skins, different things to customize your character. Roblox is basically a platform of experiences, and games where you create an avatar, which is like your own personalized character. I like what he says, his vision, and where he wants to take the company. He's like one of those visionary founders and leaders that you can get behind. I've heard him speak on analyst days and calls. Majority voting power is in his hands, but very actively engaged with the company. Also, quite a bit of the voting power of the shares. He's still current heavy shareholder-owner, and owns quite a bit of the shares. One of the things I like about it a lot is the founder is very impressive. They told me about it, I played it with them, and I was like, "This is really interesting." Then ironically, later on, it announced that it was going public, and I got immediately interested in it. It was actually a social network where they were actually meeting and engaging with different friends and people. It was basically like their third home outside of school if they are in school, and then home. They were using it quite a lot during the pandemic, like many kids were. I found out about the company literally about that from them. I bought it for them in their portfolios, in their accounts that I set up for them. My full disclosure: I own it, my kids own it. Sanmeet Deo: It's funny because this is one of those pandemic names that I actually found out pretty much from my kids. *Stock Advisor returns as of January 10, 2022 and Roblox Corporation wasn't one of them! That's right - they think these 10 stocks are even better buys. They just revealed what they believe are the ten best stocks for investors to buy right now. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* When our award-winning analyst team has a stock tip, it can pay to listen. 10 stocks we like better than Roblox Corporation
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