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I very much doubt Valve has the required licensing to release the game they have on their store to any other platform (except for their own games). If Valve eve
by ajnin 5y ago
I very much doubt Valve has the required licensing to release the game they have on their store to any other platform (except for their own games). If Valve ever goes bankrupt and closes shop, it is likely that the users would lose access to their games.
- thaumasiotes 5y agoThat doesn't really pose any difficulties for the rule that you have to refund purchases when you terminate the user's access. Under this rule, Valve would incur a bunch of liabilities to its user base, which it would then mostly not pay because it's bankrupt. They'd be pretty massive liabilities and would significantly eat into the recovery for other creditors, which could have effects on Valve's ability to issue debt, or might just mean that whenever Valve issues debt there's a clause making that debt senior to any future we-terminated-your-account liabilities.
- Gaelan 5y ago> there's a clause making that debt senior to any future we-terminated-your-account liabilities How does that work? Surely that’d have to be something agreed to by both the lender and the customers?
- thaumasiotes 5y agoI don't know. All I know is that debts are commonly tiered in this way, and maybe there's a way to do it here.