-25
you are viewing a single comment's thread
view the rest of the comments
[-] billiam0202@lemmy.world 12 points 4 months ago* (last edited 4 months ago)

according to the article Gabe only owns about 25% of the company

The source for that number is the same Xitter that made up the rumor in the first place:

Insights from Dior, a prominent figure in the Counter-Strike community, reveal that Gabe Newell owns less than 25% of Valve.

Valve is not a public company. Unless Dior is on the board of Valve, or know someone who is, he doesn't know the makeup of the ownership structure. Wikipedia cites a Forbes article that says Gabe owns "more than half" of Valve, although that article was published in 2011 so it's possible that's changed.

[-] herrcaptain@lemmy.ca 5 points 4 months ago

Thanks for pointing this out. It looks, from other articles, that this rumour is completely unsubstantiated anyway so I guess it's a moot point. Now that I think about it, 16 billion seems pathetically low for the money-printing machine that is Steam.

[-] nanoUFO@sh.itjust.works 1 points 4 months ago

It does pose the idea that if gabe isn't the sole owner could they be bought out. It's possible but unlikely.

this post was submitted on 25 May 2024
-25 points (27.3% liked)

Games

16549 readers
1029 users here now

Video game news oriented community. No NanoUFO is not a bot :)

Posts.

  1. News oriented content (general reviews, previews or retrospectives allowed).
  2. Broad discussion posts (preferably not only about a specific game).
  3. No humor/memes etc..
  4. No affiliate links
  5. No advertising.
  6. No clickbait, editorialized, sensational titles. State the game in question in the title. No all caps.
  7. No self promotion.
  8. No duplicate posts, newer post will be deleted unless there is more discussion in one of the posts.
  9. No politics.

Comments.

  1. No personal attacks.
  2. Obey instance rules.
  3. No low effort comments(one or two words, emoji etc..)
  4. 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.

Other communities:

Beehaw.org gaming

Lemmy.ml gaming

lemmy.ca pcgaming

founded 1 year ago
MODERATORS