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Yes, but they are not subject to the whims of short-term "investors" who only care about maximizing the next quarter or financial year's numbers. That's the bi
by wolrah 5y ago
Yes, but they are not subject to the whims of short-term "investors" who only care about maximizing the next quarter or financial year's numbers.
That's the biggest problem in modern public corporations, a significant number of shareholders have no long term interest and will happily hurt the company to sell out with a higher number.
I hold no delusions that Valve is doing things for my benefit, but they have managed to position themselves in a place where their interests and the interests of PC gamers mostly align.