4 ms·
Valve is probably only able to do all this stuff BECAUSE it is private. Public companies are concerned more with what pushes up numbers for 1 quarter and keeps
by alexb_ 5y ago
Valve is probably only able to do all this stuff BECAUSE it is private. Public companies are concerned more with what pushes up numbers for 1 quarter and keeps shareholders happy than anything else.
- azemetre 5y agoWell that and literally owning the money printing machine known as Steam (a gaming marketplace where you can not only buy games, but sell skins, avatars, and other pictures for your profile; Valve takes their cut in every transaction). I honestly wouldn't be surprised if Valve generates multiple billions+ in revenue annually.
- usrusr 5y agoRight. And if it was publicly traded, the share price would quickly rise to a point where anything less then 10x those billions would make the stock a bad investment, forcing late-buyers to push leadership into making that 10x real. Rinse and repeat.
- Karsteski 5y agoAs long as Valve remains a private company I will trust them to do a good job over pretty much every other gaming-related company. Publicly traded companies are just fundamentally unable to be anything other than pure-profit driven, while the reverse is not true for private companies. Still profit driven, but not forced to have that sole focus.