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Microsoft - keep your filthy hands off Valve, leak shows MSFT would buy Valve
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That leaked email conveniently assumes the owner of Valve would sell it. I can't think of a reason for Gabe to do that.
Other people work at Valve other than Gabe. It's entirely possible there's others in the top management team.
Valve doesn't have a management team.
Maybe they could transition to being a worker-owned collective when Gabe wants to retire. I'm not sure what else keeps Valve as we know it alive post Gabe.