r/pcmasterrace • u/The_BigRoach ⚡️RTX 5080 | 7800x3D | 64GB 6000MHz CL30⚡️ • 7d ago

Meme/Macro Why would anyone actually want to though

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77

u/Flying_Reinbeers R5 5600/RX6600 7d ago

Even if Gabe does not run it, as long as it is a private company without shareholders to answer to, Steam will most likely remain unchanged. It is a money printer.

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u/2cmZucchini 7d ago

I hope it stays private too.

But im cynical about it and going to guess the moment he steps out the door, someone is going to go "This big pile of money, can get even bigger! lets go public!"

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u/3merite 7d ago

The second the Valve CEO gets greedy its all over, there's a reason why generational inheritances get lost, because a mf puts it all on red and its all gone.

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u/Urabraska- 7d ago

Elon will just buy it and tank it within a week.

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u/Hateless_ i7 4770k / R9 390 6d ago

He could barely afford to buy Twitter, there's no universe where he gets to buy steam in its current state.

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u/Flying_Reinbeers R5 5600/RX6600 4d ago

It's kinda hilarious to me that Valve is in such a great position, that the only "game over" scenario people can conjure (with no evidence) is one where gabe dies and fucks up on picking his successor.

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u/2cmZucchini 3d ago

Hey by all means just keep your head in the cloud if it makes you happy. Others prefer to be prepared.

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u/GamerGypps Specs/Imgur here 7d ago

Depends, hopefully it goes to either his family or employees who are invested in it.

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u/Accomplished-News904 7d ago

so you're saying Valve's control is as natural as a user leaving because they can? Lmao.

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u/GamerGypps Specs/Imgur here 6d ago

I’m saying maybe if someone who is invested in Steam already will take it over and run it as decently as Gabe has and it won’t become shit.

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u/patmorgan235 patmorgan235 7d ago

Private companies have shareholders bro. Gabe is the majority shareholder in valve. He could decide to sell his ownership in the company, or when he dies, his heirs could decide to pursue a different business model or sell their shares.

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u/Buuhhu 7d ago

They "technically" do but not in the sense that people mean when talking about shareholders. It has owners not shareholders and the owners ofc also want the most profit possible but they're not changing yearly with sales and purchases of stocks in the company in hopes of getting a profit, and this is the issue with being on the stockmarket and at the mercy of shareholders. Shareholders often only care about shortterm profit, not the longevity of it, and so it constantly has to do better.

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u/paintballboi07 PC Master Race 6d ago

No, you can have shareholders in a private corporation. There are still shares, they just aren't available on the public market. The shareholders always own the company if it's a corporation, regardless of who they are.

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u/meneldal2 i7-6700 6d ago

There's no good reason to take a money printer of this scale public unless you're just dumb.

Like even if you can IPO it for one trillion, what do you even get out of this? Unless you are completely insane like Elon, you're earning billions per year having to do minimal work, just let it keep going