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The Colin and Samir Show

We played Roblox so you don't have to...

The Colin and Samir Show

Colin and Samir

Business

4.9703 Ratings

🗓️ 6 June 2021

⏱️ 26 minutes

🧾️ Download transcript

Summary

This week, we explore the wild world of Roblox  Thanks to Public.com for sponsoring this episode - get started on Public.com by downloading the app and entering code CREATORS for $10 in free stock.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

If you want to know what the future will look like, look no further than what the kids are doing.

0:04.0

And in this case, the kids are playing Roblox.

0:07.0

Roblox.

0:08.0

Roblox.

0:09.0

Roblox. Their platform is the hottest thing in the industry.

0:11.0

Like all the kids.

0:12.0

Two-thirds of U.S. kids between 9 and 12 are playing Roblox.

0:15.0

And it's played by a third of all Americans under the age of 16. Admittedly, we do not know much about Roblox, but we do know that a lot of

0:23.1

people play it and that creators can make serious money from it. In 2020, 250 creators made over

0:28.5

$100,000 within Roblox. What? I don't even know how. 250 creators? And are they like nine years

0:34.5

old? Who are these people making six-figure salaries on Roblox? Well, that's what we're going to figure out.

0:39.0

We're going to get to the bottom of that.

0:40.1

Also, is Roblox just Lego, by the way?

0:42.3

Like, don't the characters kind of look like Lego?

0:44.2

Is that disrespectful for you to say that?

0:46.7

Is it?

0:49.2

I don't know.

0:50.3

Our writer Max covered this topic a few weeks ago in the published press. He said, Roblox isn't just a video game.

0:56.2

It's a self-defined experience platform. You can hang out with your friends, explore and build worlds,

1:01.2

or even raise a pet. So Roblox isn't just a video game. It's an entire atmosphere and world that

1:06.9

takes place digitally. People can play games there, but they can also create the games.

1:11.8

So it's like a true interactive version of the creator economy. It's its own economy,

...

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