David Baszucki (/bəˈzuːki/; born January 20, 1963), also known by his Roblox username david.baszucki, formerly builderman, is a Canadian-born American entrepreneur, engineer, and software developer. He is best known as the co-founder and CEO of Roblox Corporation. He previously co-founded and served as the CEO of Knowledge Revolution, which was acquired by MSC Software in December 1998.[1]
In the late 1980s, Baszucki, together with his brother Greg Baszucki, founded the company Knowledge Revolution and developed and distributed a simulation called "Interactive Physics", which was designed as an educational supplement that would allow the creation of 2D physics experiments.[7][8]
As a follow-up to Interactive Physics, Knowledge Revolution launched the mechanical design software Working Model in the early 1990s.[9]
In December 1998, Knowledge Revolution was acquired by MSC Software, a simulation software company based in Newport Beach, California, for $20 million.[1] Baszucki was named vice president and general manager of MSC Software from 2000 to 2002, but he left to establish Baszucki & Associates, an angel investment firm. Baszucki led Baszucki & Associates from 2003 to 2004.[10] While an investor, he provided seed funding to Friendster, a social networking service.[11]
In December 2003, Baszucki, along with Erik Cassel – who worked as Baszucki's VP of Engineering for Interactive Physics – began working on an early prototype of Roblox under the working title DynaBlocks. It was later renamed Roblox, a portmanteau of "robots" and "blocks", in January 2004. The website officially launched in 2004, whilst Roblox was officially released on September 1, 2006.[12] In a June 2016 interview with Forbes, Baszucki stated that the idea for Roblox was inspired by the success of his Interactive Physics and Working Model software applications, especially among young students.[1]
Baszucki owns a roughly 13% stake in the Roblox Corporation, the company that owns Roblox, a stake estimated to be worth around $470 million as of 2020.[13] He said he would donate any future compensation he earns from Roblox's listing on the New York Stock Exchange for philanthropic purposes.[14] In December 2021, a New York Times investigation alleged that he and his relatives used a tax break intended for small business investors in order to legally avoid tens of millions of dollars in capital gains taxes.[15] According to Business Insider, Baszucki was the seventh-highest-paid CEO in 2021, making $232.8 million.[16]
Other activities
In March 2021, after Roblox's listing on the New York Stock Exchange, Baszucki and his wife launched the Baszucki Group, a philanthropic organisation,[17] and started the Baszucki Brain Research Fund to provide grants to bipolar research programs.[18] In December 2021, the University of California, San Francisco launched the Baszucki Lymphoma Therapeutics Initiative, with $6 million in donations from Baszucki over five years, to increase the effectiveness and availability of chimeric antigen receptor T-cell therapy for lymphoma patients.[17] In September 2022, Baszucki, Google cofounder Sergey Brin, and Keystone Capital chairman Kent Dauten donated a combined $150 million toward bipolar disorder research and treatment.[19]
Personal life
Baszucki lives in the San Francisco Bay Area with his wife, novelist Jan Ellison, and their four children.[20]
