this post was submitted on 25 Sep 2023
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The point is that, other than Gabe, Valve doesn't have any shareholders to put before their customers. A publicly traded company, on the other hand, effectively has no choice but to cause as much harm as possible to their customers and to society in general in order to maximize short term shareholder profits, leading to runaway enshittification.
Nobody is talking about public companies here. Both Valve and Epic are private companies.
If you want to complain about profit motives, that's a capitalism problem overall, not an issue with public vs. private corporations.
One of those companies is partly owned and heavily influenced by a publicly traded Chinese company.
are you referring to tennacent (likely misspelled)
No I am referring to Tencent Holdings Limited
https://markets.ft.com/data/equities/tearsheet/summary?s=700:HKG