If you wonder why public companies with billions in revenue can’t make a Steam competitor is because they can’t think long term, being a private company allows Valve to just work on what they want and grow If they need to
It nearly happened, but then we protested and tanked the stock price to fuck Spez for fucking us. Now most of the subs are poorly moderated by mods that don’t care about their community. Content is suffering and revenue is dropping. Spez pissed on his golden goose and we decided to speed the process up so he couldn’t sell before it drowned.
Good joke. Investors will see wasted financial potential and make valve do it.
When you have external money you now also have away part of a platform. And the investors don’t care. Make number big fast. Nobody there is caring about long term
Reportedly Gaben has implemented safeguards to prevent Valve from getting public after his death. So at least we can hope Valve doesn’t go public in our lifetimes.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]
Video game news oriented community. No NanoUFO is not a bot :)
Posts.
News oriented content (general reviews, previews or retrospectives allowed).
Broad discussion posts (preferably not only about a specific game).
No humor/memes etc…
No affiliate links
No advertising.
No clickbait, editorialized, sensational titles. State the game in question in the title. No all caps.
No self promotion.
No duplicate posts, newer post will be deleted unless there is more discussion in one of the posts.
No politics.
Comments.
No personal attacks.
Obey instance rules.
No low effort comments(one or two words, emoji etc…)
Please use spoiler tags for spoilers.
My goal is just to have a community where people can go and see what new game news is out for the day and comment on it.
If you wonder why public companies with billions in revenue can’t make a Steam competitor is because they can’t think long term, being a private company allows Valve to just work on what they want and grow If they need to
Well they can, but only in one way: Grow by selling at a loss to outcompete other and then make a profit.
deleted by creator
Has that happened yet? I thought it was supposed to have happened by now
It nearly happened, but then we protested and tanked the stock price to fuck Spez for fucking us. Now most of the subs are poorly moderated by mods that don’t care about their community. Content is suffering and revenue is dropping. Spez pissed on his golden goose and we decided to speed the process up so he couldn’t sell before it drowned.
It needs to be viable first, which obviously won’t happen when the management keeps stumbling into PR nightmares weekly.
Even if Valve was public, Steam makes so much goddamn money that putting ads on the platform would only cheapen it.
Good joke. Investors will see wasted financial potential and make valve do it.
When you have external money you now also have away part of a platform. And the investors don’t care. Make number big fast. Nobody there is caring about long term
Exactly this! I dread the day they go public :(
Reportedly Gaben has implemented safeguards to prevent Valve from getting public after his death. So at least we can hope Valve doesn’t go public in our lifetimes.
citation needed?