this post was submitted on 10 May 2024
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[–] Boozilla 6 points 10 months ago (2 children)

TIL Valve has a poison pill clause. Cool.

[–] [email protected] 9 points 10 months ago (1 children)

I don't know that they have a poison pill clause but Gabe is a billionaire who doesn't seem to have interest in having external people direct the company. Thanks to Steam, valve can do what it wants. There is little benefit for them to go public given the extra scrutiny that comes with being a public company.

[–] Boozilla 7 points 10 months ago

Yeah, I love Gabe, and I love Steam. Even if it was created because he dropped that installation disk on the floor.

My dream is that the poison pill thing becomes very effective and very common, and I think some folks kind of missed the nuances. Which is fine, that's why we have a forum to hash this stuff out.

[–] [email protected] 1 points 10 months ago

As far as any of us know, they don't. Even if they did in some company policy, they could just change it before selling themselves.