As long Valve doesn’t become publicly traded they will be fine. The problems start when companies optimize for shareholder value rather than customer value.
You think there aren’t a bunch of greedy finance whores biding their time until Gabe dies in order to take over and enshitify everything so they can squeeze as much money out of Steam as possible?
You’re right that going public would virtually guarantee they enshittify, but staying private does not guarantee they remain customer focused. It’s still a business, and right now the only thing making it so good for customers, IMHO, is an ideological vision that favours long term stability, and steady profits. That is not the norm in the business world (of tech platforms).
And it will last til Gabe dies. Then I guarantee it enshittifes so fast it will make your head spin.
As long Valve doesn’t become publicly traded they will be fine. The problems start when companies optimize for shareholder value rather than customer value.
Private equity buyout would be the same problem but even faster.
You think there aren’t a bunch of greedy finance whores biding their time until Gabe dies in order to take over and enshitify everything so they can squeeze as much money out of Steam as possible?
So tencent or a saudi prince buys them and it will be fine guyyyyssss haha
Nothing ever bad happens under private ownership either right?
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You’re right that going public would virtually guarantee they enshittify, but staying private does not guarantee they remain customer focused. It’s still a business, and right now the only thing making it so good for customers, IMHO, is an ideological vision that favours long term stability, and steady profits. That is not the norm in the business world (of tech platforms).
Maybe. I’ve heard Gabe’s son is set to take over when the time comes, hopefully he’s been raised right.
Hmm. The founder’s son usually just squeezes the company for profit.
But you don’t have to do anything at all to get rich off of steam
Really!? Gives me hope!