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[-] einkorn@feddit.org 36 points 1 week ago

Valve is a private company, so depending on who owns a majority of the shares, not much might change after Gabens earthly demise.

[-] brucethemoose@lemmy.world 30 points 1 week ago* (last edited 1 week ago)

Private investors are (usually, and theoretically) more "long-term" motivated than the public markets. Day traders and rotating board members love quarterly boosts even if it implodes the company, but with private equity, passing a bag of shit to someone else isn’t so easy, and desires aren’t so fickle.

Hence I suspect you're right.

[-] xavier666@lemm.ee 5 points 1 week ago

Can you give same examples of such privately owned companies which are long term focussed?

[-] Pregnenolone@lemmy.world 11 points 1 week ago

It’s wild to me how few people understand that private companies have shareholders too

[-] einkorn@feddit.org 5 points 1 week ago* (last edited 1 week ago)

I am not sure how to interpret your response. Do you mean I do not know that Valve as a private company does have shareholders?

[-] Redredme@lemmy.world 8 points 1 week ago

What he means is, when gaben our lord an saviour dies, his majority shares ownership will be transferred to his inheritors.

The question "do they want to own and do they understand Valve or just see a big pile of cash?" will be answered then and there.

Which can very well result in an IPO.

[-] straightjorkin@lemmy.world 1 points 1 week ago

Aren't they called investors when it's private?

this post was submitted on 09 Feb 2025
813 points (99.8% liked)

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