3 ms·
How come Valve isn't on the list?
by personjerry 11y ago
How come Valve isn't on the list?
- deleted 11y ago[deleted]
- zamalek 11y agoProbably because they have zero intent to IPO, where unicorns do.
- nl 11y agoValve has never taking funding[0] - which is how the Unicorns got their valuation: they were funded at a particular value (eg in AirBNB's April 2014 round they took $475M at $10B valuation[1]). [0] "Valve is self-funded.We haven’t ever brought in outside financing." pg 3, http://www.valvesoftware.com/company/Valve_Handbook_LowRes.pdf http://www.valvesoftware.com/company/Valve_Handbook_LowRes.p... [1] https://www.crunchbase.com/organization/airbnb/funding-rounds https://www.crunchbase.com/organization/airbnb/funding-round...
- personjerry 11y agoInteresting. So that means Gabe Newell owns essentially all the stock?