this post was submitted on 05 Apr 2024
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Technology

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[–] BumpingFuglies@lemmy.zip 0 points 3 months ago (5 children)

One extremely important factor that this article neglects to address: Valve is a private company - it's not publicly traded in Wall Street. That is the reason Steam has remained the best in the business; it's not beholden to shareholders' short-sighted meddling. It's also the reason Steam is effectively immune to enshittification.

[–] potatopotato@sh.itjust.works 1 points 3 months ago (1 children)

The unspoken part is that unless Gabe has a very strong plan involving some sort of employee co-op, when he retires or dies the company will likely get sold by the estate to private capital which is 100x worse than being a public company.

[–] deFrisselle@lemmy.sdf.org 1 points 2 months ago

Maybe Gaben will go all Willy Wonka when the time comes

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