Not only that, Valve has done a TON of work to outsource as much of the process of running Steam off to the users and developers. Self-publishing, a minimum of manual moderation, automated greenlight processes, automated ratings, database tags, controller configs…
Their entire business model is to make money with as little effort as possible. I’ve been saying for ages that people vastly underestimate how ruthlessly profitable their business is. We didn’t have the numbers, but we roughly knew this is what was going on.
Gabe owns six yachts, people should always keep that in mind when praising him, he’s not the friend of the average Joe, he just realized there’s profit to be made by not pissing people off, but he’s still making enough profit from us to be a billionaire while the majority of people live paycheck to paycheck.
He early joined Microsoft and probably had some stock but he left by 1996 so I hardly doubt that made him a real billionaire, (especially given the time).
That doesn’t mean he wasn’t well off? Just as an example, there’s a media figure here in Brazil that has a whole ass “self made man” myth is surrounding him because at some point he was selling baubles in the street or other odd jobs like that. And it is indeed true that he did that, but his family owned a media network. So.
Oh and I don’t mean “well off” in the more “old money” sense, you are right, I’m not saying that he was billionaire level due to his family. I see why it seemed like that from what you were replying to, my bad. But I’m fairly sure I’ve read about his parent for the first time this year, and they had fairly comfortable money, to the point that him opening valve wasn’t a real financial risk for instance.
I’ll try to look for where I’ve read that, I didn’t pick it up immediately because I don’t have a pc at hand till Monday and searching for stuff on the phone is annoying. It’s not impossible that I’m mixing up with someone else, but in fairly sure that isn’t the case.
Billionaires shouldn’t exist. The government should regulate all these stores and force a max of 5%. They are clearly colluding and aren’t competing in good faith.
This is having a negative impact on the industry, a lot of indie studios would have an easier time surviving if they weren’t bled dry by what essentially is a soft monopoly.
Microsoft, Nintendo, Sony and Steam are all guilty yet you would never defend any of the other ones. Steam spends a lot of money convincing everyone Gaben is just a really cool dude and not your average billionaire.
Stop it with the fucking yatchs already, seriously. Just look at the differences between Vale and the other companys you mention. If you can’t see any, you are just a troll.
You can’t say anything bad about Valve other than “they make a lot of money”. It gets boring.
Billionaires exist because you and me and people like us overpay for stuff, they accumulate wealth by making sure we don’t. Gabe’s wealth comes from the surplus generated by Valve, if they make that much surplus then they could lower their cut by a fucking lot and so could publishers that also enrich multimillionaire and billionaires.
Nah, a billionaire is a billionaire. There’s still people being exploited to get that much money. I don’t completely disagree, though - at least Gaben didn’t make Valve completely evil and yeah, it’s better than fucking up the property market for generations of people.
Not only that, Valve has done a TON of work to outsource as much of the process of running Steam off to the users and developers. Self-publishing, a minimum of manual moderation, automated greenlight processes, automated ratings, database tags, controller configs…
Their entire business model is to make money with as little effort as possible. I’ve been saying for ages that people vastly underestimate how ruthlessly profitable their business is. We didn’t have the numbers, but we roughly knew this is what was going on.
Gabe owns six yachts, people should always keep that in mind when praising him, he’s not the friend of the average Joe, he just realized there’s profit to be made by not pissing people off, but he’s still making enough profit from us to be a billionaire while the majority of people live paycheck to paycheck.
Holy shit Gabe Newell is a billionaire (it’s just at the second paragraph). This does change my view of him and steam. So uncool.
The dude’s the CEO of the most successful online gaming platform ever. Yeah, he’s gonna be a billionaire.
He was a billionaire before valve even existed.
Where did you hear that?
He early joined Microsoft and probably had some stock but he left by 1996 so I hardly doubt that made him a real billionaire, (especially given the time).
Afaik his family was always very well off
He was a paperboy and a telegram messenger before college.
That doesn’t scream old money boy.
Aren’t you confusing him with someone else?
That doesn’t mean he wasn’t well off? Just as an example, there’s a media figure here in Brazil that has a whole ass “self made man” myth is surrounding him because at some point he was selling baubles in the street or other odd jobs like that. And it is indeed true that he did that, but his family owned a media network. So.
Oh and I don’t mean “well off” in the more “old money” sense, you are right, I’m not saying that he was billionaire level due to his family. I see why it seemed like that from what you were replying to, my bad. But I’m fairly sure I’ve read about his parent for the first time this year, and they had fairly comfortable money, to the point that him opening valve wasn’t a real financial risk for instance.
I’ll try to look for where I’ve read that, I didn’t pick it up immediately because I don’t have a pc at hand till Monday and searching for stuff on the phone is annoying. It’s not impossible that I’m mixing up with someone else, but in fairly sure that isn’t the case.
Why?? Good for him, stop being so envious. It’s thanks to Valve I started to buy games instead of pirate them anyway. Good prices and good practices.
A billionaire from a game industry is not the same as a billionaire from a real state company or a bank. Games are not a basic need.
Billionaires shouldn’t exist. The government should regulate all these stores and force a max of 5%. They are clearly colluding and aren’t competing in good faith.
This is having a negative impact on the industry, a lot of indie studios would have an easier time surviving if they weren’t bled dry by what essentially is a soft monopoly.
Microsoft, Nintendo, Sony and Steam are all guilty yet you would never defend any of the other ones. Steam spends a lot of money convincing everyone Gaben is just a really cool dude and not your average billionaire.
Or maybe he is a really cool dude…
Gaben owns 6 yatchs and spends between 70 million and 100 million a year maintaining them. He’s in the same club as Bezos and the rest.
Stop it with the fucking yatchs already, seriously. Just look at the differences between Vale and the other companys you mention. If you can’t see any, you are just a troll.
You can’t say anything bad about Valve other than “they make a lot of money”. It gets boring.
Billionaires exist because you and me and people like us overpay for stuff, they accumulate wealth by making sure we don’t. Gabe’s wealth comes from the surplus generated by Valve, if they make that much surplus then they could lower their cut by a fucking lot and so could publishers that also enrich multimillionaire and billionaires.
There are no good rich people.
Nah, a billionaire is a billionaire. There’s still people being exploited to get that much money. I don’t completely disagree, though - at least Gaben didn’t make Valve completely evil and yeah, it’s better than fucking up the property market for generations of people.