this post was submitted on 17 Feb 2024
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[–] [email protected] 160 points 10 months ago (4 children)

Not being publically traded.

[–] MataVatnik 66 points 10 months ago

For profit publicly traded companies just look quarter to quarter and make the dumbest fucking decisions as a result

[–] UsernameIsTooLon 24 points 10 months ago

This is the key. I believe GabeN specifically owns 50.1% of Valve so that he can always make the final executive decisions.

[–] [email protected] 13 points 10 months ago

Yeah but neither is Epic - I think the key is that Gave isn’t driven by some technofascist plan to have everyone live in the metaverse or play games using brain implants or whatever

[–] chiliedogg 8 points 10 months ago (1 children)

Exactly. Steam is a money-printings g machine, and since they're not publicly traded the owners make money asong as they're profitable.

With publicly-treaded companies, anyone who invests only makes money when the value of the stock goes up. Your company can make 5 billion dollars a second in profits, but still lose value to shareholders if the next quarter you aren't making 6 billion a second.

[–] Neon -2 points 10 months ago* (last edited 10 months ago) (1 children)

That's not true. There are also Dividends.

In fact the Majority of Stock are based on Dividends.