this post was submitted on 05 Oct 2024
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At one point Apple, Google, etc. were not evil... but yeah, enjoy the moment for sure.:-)
But they are/were publicly traded.
Being publicly traded inherently means you need to show growth every 3 months or your shares are worthless. Cue the enshittification and squeezing pennies from every revenue stream possible.
That's the sole reason Valve hasn't gone down that path is its status in this regard.
That is a VERY good point. Let's hope it remains that way. Reddit was private once too.
There is a difference with valve ,that's that the company is private.