David Baszucki Explained

David Baszucki
Other Names:builderman, david.baszucki
Birth Date:20 January 1963
Birth Place:Winnipeg, Manitoba, Canada
Alma Mater:Stanford University
Occupation:Entrepreneur, engineer
Years Active:1989–present
Known For:Co-founder of Roblox
CEO of Roblox Corporation
Spouse:Jan Ellison
Children:4
Signature:David Baszucki signature.svg

David Baszucki (; 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]

Early life and education

Baszucki was born on January 20, 1963, in Winnipeg, Manitoba, Canada to Helen and Paul Baszucki, who met at the University of Saskatchewan before moving to Eastern Canada and the United States. Both of Baszucki's parents were descended from Ukrainian immigrants who had settled in Saskatchewan. He grew up in Eden Prairie, Minnesota. As a child, he was interested in dirt bikes, go-karts, and science fiction.[2] He attended Eden Prairie High School in Eden Prairie, Minnesota, where he was the captain of his high school TV quiz team.[3] He also hosted his own talk radio show for KSCO Radio Santa Cruz.[4] [5] Baszucki studied engineering and computer science at Stanford University.[1] While there, he did a summer internship at General Motors where he worked in a lab focused on controlling car engines with software.[2] He graduated in 1985 as a General Motors Scholar in electrical engineering.[6]

Career

Knowledge Revolution

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. 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]

Roblox

See main article: Roblox. 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 was 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.

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, and started the Baszucki Brain Research Fund to provide grants to bipolar research programs.[17] 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.[18] 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]

Notes and References

  1. Web site: Why The Creator Of Roblox Thinks His Gaming Platform Will Top Minecraft. Forbes. Adams. Susan. June 10, 2016. September 10, 2020. https://web.archive.org/web/20180510121242/https://www.forbes.com/sites/forbestreptalks/2016/06/10/why-the-creator-of-roblox-thinks-his-gaming-platform-will-top-minecraft/#1f0d76af13f0. May 10, 2018.
  2. Web site: David Baszucki, Roblox's 'Builderman' . Bloomberg . December 1, 2021 . August 22, 2022. Olga. Kharif. Felix. Gilette.
  3. Web site: David Baszucki : Founder of Roblox, the Biggest Video Game Building Platform. Vashishtha. Yashica. July 24, 2019. Your Tech Story. en-US. September 2, 2019.
  4. Web site: I'm David Baszucki, CEO of Roblox, and This Is How I Work. Orin. Andy. Lifehacker. May 10, 2018. October 13, 2016. en-US. live. https://web.archive.org/web/20180510184109/https://lifehacker.com/im-david-baszucki-ceo-of-roblox-and-this-is-how-i-wor-1787404285. May 10, 2018.
  5. Web site: Seeing the possibilities. Palaol Toonline. Blitzer. Carol. March 2, 2001. May 10, 2018. live. https://web.archive.org/web/20040905032620/http://www.paloaltoonline.com/weekly/morgue/real_estate/2001_Mar_2.381.html. September 5, 2004.
  6. News: David Baszucki: The Entrepreneurial Thought Leaders Series . March 20, 2018 . Stanford School of Engineering. May 10, 2018 . en. live . https://web.archive.org/web/20180602141445/https://engineering.stanford.edu/events/david-baszucki-entrepreneurial-thought-leaders-series . June 2, 2018.
  7. Web site: Gaming as a learning revolution. De Tijd. Dutch. LeGrand. Roland. October 17, 2020. October 27, 2020.
  8. Risley. John S.. Gjertsen. Margaret. 1992. Orlando Exhibit Brings News of Educational Software Advances. Computers in Physics. 6. 2. 111–112. 10.1063/1.4823052. 1992ComPh...6..111.. free.
  9. Web site: Working Model 2D - 2D Kinematics & Dynamics Software - Engineering Simulation. Design Simulation Technologies. en. May 10, 2018. live. https://web.archive.org/web/20180203141045/http://www.design-simulation.com/WM2D/index.php. February 3, 2018.
  10. Web site: 'Roblox' Has Been Captivating Players for Over 13 Years, and It All Started With Two Men. Distractify. Gatollari. Mustafa. March 6, 2020. September 10, 2020.
  11. Web site: Digg Trademark, Singing News, $5.8 Billion Video Market, Roblox, More. Cashmore. Pete. Mashable. February 23, 2007. May 10, 2018. en. live. https://web.archive.org/web/20180510115725/https://mashable.com/2007/02/22/digg-trademark-singing-news-58-billion-video-market-roblox-more/#bbmoZW0frkqd. May 10, 2018.
  12. News: Roblox: 5 Fast Facts You Need to Know . Fennimore . Jack . July 12, 2017 . Heavy.com. May 10, 2018 . en-US. live . https://web.archive.org/web/20180207010506/https://heavy.com/games/2017/07/roblox-youtube-free-download-corporation-baszucki-cassel-nerfmodder/ . February 7, 2018.
  13. Web site: Roblox Cofounder Dave Baszucki Needs To See This Magic Number To Become A Billionaire. Forbes. Brown. Abram. November 20, 2020. December 14, 2020.
  14. News: Maloney . Tom . Stupples . Benjamin . Roblox Creator's Wealth Soars to $4.6 Billion as Shares Jump . December 8, 2021 . . March 10, 2021.
  15. News: Drucker. Jesse. Farrell. Maureen. 2021-12-28. A Lavish Tax Dodge for the Ultrawealthy Is Easily Multiplied. en-US. The New York Times. 2021-12-28. 0362-4331.
  16. News: Nguyen . Britney . The 12 highest-paid CEOs, including Amazon's Andy Jassy and Roblox's David Baszucki, each earned over $100 million last year . June 28, 2022 . . June 28, 2022.
  17. Web site: Karon . Paul . New Donors Cast Fresh Eyes on the Underfunded Challenges of Bipolar Disorder . Inside Philanthropy . April 30, 2021 . August 22, 2022.
  18. News: Bleicher . Ariel . $6M Gift from Family of Roblox Creator Launches New Initiative to Advance CAR T Therapy . December 8, 2021 . . December 8, 2021.
  19. News: Dolan . Kerry . Sergei Brin, Roblox's David Baszucki And Kent Dauten Of Keystone Capital Commit $150 Million To Fight Bipolar Disorder . September 12, 2022 . . September 12, 2022.
  20. Web site: Local author Jan Ellison's debut novel, A Small Indiscretion, is spotlighted at Kepler's. InMenlo. en-US. Baer. Sheri. January 26, 2015. May 10, 2018.