183 points

That leaked email conveniently assumes the owner of Valve would sell it. I can’t think of a reason for Gabe to do that.

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75 points
Deleted by creator
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35 points

Other people work at Valve other than Gabe. It’s entirely possible there’s others in the top management team.

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10 points

Valve doesn’t have a management team.

Maybe they could transition to being a worker-owned collective when Gabe wants to retire. I’m not sure what else keeps Valve as we know it alive post Gabe.

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-8 points

Obviously other people work there, that doesn’t matter. What matters is who can make legal decisions about the company and I doubt that goes beyond Gabe. He’s a greedy bastard who really only cares about money. He’d make less in the long run if MS bought them out but that doesn’t mean the next person won’t take the payout.

We’ve needed real alternatives to valve for a long time for this exact reason. They’re already a monopoly. If they get bought out they’ll abuse their status even more than they already have.

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-19 points
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7 points

Companies rise and die all the time. Let’s just hope when Valve dies, other (not shitty) company rises to replace it.

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26 points

If Valve dies and I lose thousands of dollars in games, there won’t be another company for me, pure piracy until I die.

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54 points

This is the biggest problem with Valve at the moment. They’re awesome, but only because of the current leadership. Once these guys retire or die, it’s very likely Valve will enshittify like every other business.

Valve needs to be hit by regulators at some point. They just have too much market power.

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19 points

I wish the decent guys who started companies would leave a directive for the company that must be followed to prevent it from becoming just another shitty piece of garbage like everything else these days has become thanks to the geniuses with business degrees running the world.

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4 points
*

But there’s no practical way you could hold the future owners of the business to that directive. If you own the business, you get to set the directives, including overwriting previous ones.

The only way to enforce it is to maintain controlling interest in the business. Or, at least spread the interest among multiple parties so no one person can dictate it.

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3 points
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Valve is not awesome at all. Ffs, they didn’t become a monopoly by accident. People need to stop worshipping this company just because they started packaging wine with their app.

This is the same company that literally started the trend of requiring storefronts and custom installers for their games with HL2… the exact same thing people whine about EA and Blizzard doing.

PC gaming will become a total shit show if Valve dies and they’ll be fully responsible for it.

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13 points

This is the same company that literally started the trend of requiring storefronts and custom installers for their games with HL2… the exact same thing people whine about EA and Blizzard doing.

But the thing is, Valve were never really dicks about it. They gave you a storefront, but it was actually useful. They collected user hardware data, but presented it aggregated to you and didn’t use it for marketing. Valve did many of the things gamers are rightly wary of, and did some of them first, but they rarely did it in a way that was predatory towards their users, like many other businesses do.

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3 points

What valve does is so distinct from what most of the industry does the comparison is laughable. Valve is still a company and not our friend sure, but they are not openly anti-consumer like EA or Blizzard. And they don’t abuse their monopolies like Google or Microsoft.

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1 point

just because they started packaging wine with their app

Even if that’s all they did, that is more than anyone else is doing. What they really did was make nearly every game they sell easily playable without requiring you to use Windows. As byproduct, DXVK (part of Valve’s Proton) provides greater compatibility and performance for Windows users as well (Intel ARC driver and DX9 game support for example). They have salaried employees working exclusively on making this work and their development is open source for anyone to use modify and share. Epic or any other store front could freely take advantage of this work and benefit why don’t they do that instead of whining?

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26 points

Money? Remember when people thought that about Mojang?

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44 points
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Mojang, at least, was not founded by two guys who gave Microsoft the finger on their way out the door at their previous job.

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-10 points
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10 points

Gabe seems to be able to handle wealth much better than notch, at least. If he would have been susceptible to falling off the deep end like notch, he would have already done so.

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12 points

Right? Its like someone leering at you.

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-30 points

Valve was founded in 1996 by former Microsoft employees Gabe Newell and Mike Harrington.

You have no idea how this works.

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49 points

Gabe Newell quit working for Microsoft before Windows 3.0 was released. Valve is an employee-owned private company, Gabe Newell ensured that even after his passing, Valve stays true to their roots as long as there’s the majority of employees sharing his ideals.

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4 points

No, that’s not how it works. You have no idea how valves shares are spread out and neither does anyone else outside the company. Just because Valve employees own shares does not mean their votes are all equal, in fact they almost certainly aren’t.

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2 points

Employee owned businesses are something else, Valve is just a regular privately owned business, one that the owner works for and takes a salary from.

Employee owned businesses are owned by all of the employees, collectively, with a slightly more democratic decision making process. The CEO still makes the decisions, but employees have a right to have their input heard as shareholders. With Valve, Gabe has the final say on everything.

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154 points

Gaben already refused to sell to EA and made it abundantly clear that we would rather let valve die than go public.

Microsoft also just recently said they’d buy Nintendo if they could.

All this means is that Microsoft is filthy rich and still doesn’t know how to make an original quality game studio. They seem to overly rely on buying out studios and IPs that are successful to rake in more money.

spoiler

All of which reeks of an oligigopoly and reminds me of even worse companies like Oracle and AT&T

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31 points

The funny thing about selling valve, what would it even give for Gabe? He’s already filthy rich. What more could one want with more money?

Saying no to selling only makes sense in his position, in my opinion. At least I personally would think so. Because then you still keep what is effectively your creation, and can use it to shape the world.

At some point you really do just have enough money.

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17 points

Well, the idea is you can do something else with the money instead of it being tied up with that company. You could start another venture if you want to. I’m pretty sure Valve is what he wants to be doing though, so starting a different company isn’t really something he’d want to do.

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13 points

Even if he doesn’t want to run it, doesn’t mean it has to be sold to another company. It can just keep on being a private company with a new handpicked leader. There’s no upside to selling for Gabe. After he passes however… all bets are off.

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1 point

At some point you really do just have enough money.

Well there is people to whom no amount of money is enough money. Not that it is at that point about, what you can do with that money. Rather by then the amount of money is a leader board and score board all to it’s own. The desire to be Forbes number 1 and then to be forbes number 1 with ever increasing lead to the number 2.

However all indications are, Gabe Newell isn’t one of those people. He would have had plenty of opportunities to cash out and then do some other business dealings to get ever bigger score card number. Don’t really know exactly what else it would tell of him or his character, but the one thing we can pretty confidently tell is “it seems he isn’t about just singularly amassing ever growing pile of wealth as large as possible”. He would have had plenty opportunity to enrich himself way more aggressively and he didn’t.

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20 points

Yeah where’s our antitrust enforcement?

The oligopoly thing has definitely been fucking everything up for decades.

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108 points

The thought of another company buying Valve, especially one like Microsoft, makes me actually sick. I have spent so much fucking money on my Steam library at this point. If my Steam library gets jacked by some billionaire dickheads it’s all over, I’m never paying for anything again.

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27 points

Yargghh?! Seriously though, I was furious when they bought Mojang and partially enshittified Minecraft.

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8 points

I remember when they bought Rare, then squandered it. They pretty much solely did it to try and stop Nintendo making better games than them.

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10 points

They bought Bethesda because they feared Starfield would become a (timed) PlayStation exclusive. They just bought the entire publisher… And now Activision is next.

Having said that I’m not a fan of Sony buying Bungie to use their “live service” expertise either.

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-26 points

bad news my friend. Valve is owned by a billionaire dickhead.

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43 points

Billionaire, yes. Dickhead? That’s subjective. I’m not gonna worship the man but his actions point to him being among the most pro-consumer of CEOs out there, so I wouldn’t say he’s a dickhead.

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11 points

I’m not super informed on the man I guess, please enlighten me.

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14 points
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Deleted by creator
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100 points

This is so stupid. Of course they would buy it. Valve won’t sell, but let’s do the click baits!

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21 points

They’d buy Sony and Nintendo if those were up to sell. For the right price (I dunno, in the hundreds of dollars according to my bank account), I’d buy them too.

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17 points

in the hundreds of dollars according to my bank accoun

You decadent bourgeois pig

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2 points

Look at Daddy Warbucks over here.

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18 points

Yeah 100% this. Why would you not buy Valve? The store is a cash cow and the userbase is huge. They have a lot of good faith with the community too. These must be rage bait articles.

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1 point

They can buy the Steam forums.

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8 points

As long as Gabe lives, this won’t be a problem.

But he’s getting on in age so this will eventually be an issue, no doubt…

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5 points

Gabe will have a good successor. Valve has a lot of talented and passionate employees that have been with the company since near the start.

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2 points

This nothing email has been making headlines for a week and it’s so frustrating. It’s literally just a guy from outside the gaming division saying “what if” and Phil saying “sure, that’d be neat”

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90 points

Gaben is one of the few people in tech I trust to resist the money MSFT would be willing to throw at something as successful as valve. I mean - they’re the closest thing to a trustworthy company as you can find these days.

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39 points

Yeah, I doubt he cares about the money at this point, and he did leave MSFT, so I’m guessing he isn’t interested in selling. He also went out of his way to use Linux to stick it to MSFT.

As long as he runs the company, I don’t see it happening.

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5 points

Even if he left the company he still has over 50% ownership.

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2 points

Only if he decides to retain his stake. Let’s say he dies, perhaps his heir chooses to sell instead of stay involved in the company.

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7 points

Eh, I would hardly call Valve trustworthy or the good guy

I would say don’t worship multi billion dollar companies.

Especially ones that only give you things you should have always had, like refunds, after being forced to by state lawsuits to force them into compliance with the law.

I miss the days when you actually owned your fucking games and could loan them to friends or sell them to get something else.

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3 points

They aren’t the ‘good guy’ but they are one of the few tech companies left that try to make money by selling a product people want to buy. Basically everyone else is just trying to screw people over or sell out to investors as soon as they can.

That’s not good, but it’s the way people understand and think businesses should be run, even though most modern companies no longer work that way.

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-2 points
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Valve is not worthy of your trust. Gabe won’t sell to MS because Valve is an absolute gold mine and it’s extremely unlikely even MS could make him an offer that actually makes more money for him in the long run.

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