this post was submitted on 17 Oct 2023
1083 points (98.6% liked)

Games

16224 readers
1001 users here now

Video game news oriented community. No NanoUFO is not a bot :)

Posts.

  1. News oriented content (general reviews, previews or retrospectives allowed).
  2. Broad discussion posts (preferably not only about a specific game).
  3. No humor/memes etc..
  4. No affiliate links
  5. No advertising.
  6. No clickbait, editorialized, sensational titles. State the game in question in the title. No all caps.
  7. No self promotion.
  8. No duplicate posts, newer post will be deleted unless there is more discussion in one of the posts.
  9. No politics.

Comments.

  1. No personal attacks.
  2. Obey instance rules.
  3. No low effort comments(one or two words, emoji etc..)
  4. Please use spoiler tags for spoilers.

My goal is just to have a community where people can go and see what new game news is out for the day and comment on it.

Other communities:

Beehaw.org gaming

Lemmy.ml gaming

lemmy.ca pcgaming

founded 1 year ago
MODERATORS
nanoUFO
1083
Valve doesn't sell ad space on Steam so it can make room for surprise hits: 'We don't think Steam should be pay-to-win' (www.pcgamer.com)
submitted 10 months ago by nanoUFO to c/games
158 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 257 points 10 months ago (5 children)

If you wonder why public companies with billions in revenue can't make a Steam competitor is because they can't think long term, being a private company allows Valve to just work on what they want and grow If they need to

[–] dukepontus 58 points 10 months ago (1 children)

Exactly this! I dread the day they go public :(

[–] [email protected] 88 points 10 months ago (1 children)

Reportedly Gaben has implemented safeguards to prevent Valve from getting public after his death. So at least we can hope Valve doesn't go public in our lifetimes.

[–] [email protected] 6 points 10 months ago

citation needed?

[–] [email protected] 36 points 10 months ago (1 children)

See also: Reddit's direction to eventually IPO

[–] [email protected] 10 points 10 months ago (2 children)

Has that happened yet? I thought it was supposed to have happened by now

[–] [email protected] 12 points 10 months ago

It needs to be viable first, which obviously won’t happen when the management keeps stumbling into PR nightmares weekly.

[–] [email protected] 18 points 10 months ago

they can't think long term

Well they can, but only in one way: Grow by selling at a loss to outcompete other and then make a profit.

[–] [email protected] -1 points 10 months ago (1 children)

Even if Valve was public, Steam makes so much goddamn money that putting ads on the platform would only cheapen it.

[–] [email protected] 33 points 10 months ago

Good joke. Investors will see wasted financial potential and make valve do it.

When you have external money you now also have away part of a platform. And the investors don't care. Make number big fast. Nobody there is caring about long term