Keith Rabois, a managing director at Khosla Ventures, said it's a "bad idea" for new graduates to race into venture capital right out of school.

Goldman Sachs upgraded its rating on Roblox (RBLX) to "buy" from a previous investment rating of "neutral" on Friday.

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Kentucky Attorney General Russell Coleman says the online gaming platform Roblox has become a “playground for predators.” He announced a new lawsuit accusing the company of lax child safety measures.

Advertising is Roblox’s biggest profitability lever. Older users already make up most of Roblox’s daily active users, and retaining them as they spend more could dramatically improve monetization.