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I do find intriguing Valve continues to be a private company. Unlike the rush start up these days have to do an IPO.
by mattfrommars 5y ago
I do find intriguing Valve continues to be a private company. Unlike the rush start up these days have to do an IPO.
- heavyset_go 5y agoIt seems that IPOs are sometimes the only way for investors and founders to cash out, or get a return on their investments, even if the companies themselves are unprofitable or unsustainable. I don't know about their investors, but I assume they aren't pushing for an IPO because Valve works well and is profitable as it is.
- Ekaros 5y agoValve doesn't need money. They make enough profit as it is, purely from digital goods and their revenue cut. So why give up control when you are free to do what ever you want. In the end it is extremely profitable company.
- robotnikman 5y agoI'd rather it be that way, so they are not pressured by investors to extract every single cent from their consumers. They have a very loyal consumer base which trusts them and which is keeping them afloat, they don't want to blow that trust