this post was submitted on 17 Oct 2023
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[–] [email protected] 300 points 10 months ago (47 children)

Valve seems to be the only company on this capitalist world that actually understands that company profits cannot and should not grow exponentially forever without eventually destroying itself. All other companies don't know or want to stop the greed ad are constantly pushing for more profits to see until where they can push the greed and milking without losing "too much" costumers. They even weight the amount of costumers lost vs the extra profits to see if its viable to lose those costumers and still profit, like Netflix. Valve does not work like this. Valve grew to a size, and that size is giving them stable and steady profit. And they are holding that size, slowly growing more here and there but nothing big. The biggest thing they did in like 10 years was the Steam Deck and they will not update it with a Deck 2 anytime soon. Valve plays the very slow, but steady profits game. This is how you win as a company. You try to keep yourself on a balance between good profits and good public perspective.

[–] [email protected] 211 points 10 months ago (8 children)

Being privately held helps a ton. Gabe is his own boss. Once a company's public they're beholden to the investors, and investors want big short term returns so they can dump their stock and move onto the next one.

[–] [email protected] 19 points 10 months ago

I truly fear the day Gabe passes on. Do we know who would own Valve if Gabe were to pass on today?

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