That’s what you get when the Company CEO is also the original (or at least one of) Founder
Every time the founder CEO steps down and is replaced (Unless the founder directly, hand picks their successor (and even then sometimes not)) the company goes to shit soon after
It happened with Google, it happened with Apple, it happened with Reddit (Little more complicated, but there were multiple founders, the one with the vision and the one with only money on the mind, you can guess which one is currently at the helm) and it’ll happen with Valve too
Yep, as soon as you’re beholden to shareholders, you’re forced to take the short term view on everything, at the expense of long term returns.
I’m terrified when Gabe dies that my library of temporarily licensed software will be stripped away.
We really need to find a fountain of youth for Gabe like, yesterday. I genuinely dread his passing.
He actually appears to have lost a lot of weight recently
Source from earlier this year https://starfishneuroscience.com/team
I doubt Gabe actually steers anything these days. Valve as a company might already be on autopilot. Their culture permeates through every employee who works there. I am not looking forward to the day Gabe dies but I don’t think vavle is gonna change much when he does. They are already winning without trying. And if they keep the company private they have no incentive to fuck it up.
If valve goes public that’s the day we panic.