Yup hit the nail on the head. Not only can he make decisions that are risky that don’t pay off he is also 100 percent legally in his right to make decisions that lose the company money. If he feels it pushes the industry in the right direction.
It’s crazy to think the Steam Deck may not have been a reality due to this. And crazier to realize that Valve probably, at the very least, doubled their annual revenue due to all these new Deck owners, some who may have never had an account before, now buying all these games because of the cheap handheld.
Not only that, all the lack of proprietary things on the Deck like locking down the OS or forcing only Steam games and discouraging emulation or disallowing mods and upgrades like the removable SSD, even on the cheapest option with eMMC that is usually reserved for cheap soldered storage.
Doubled their revenue? I think you’re severely underestimating how much money Steam pulls in yearly if you think ~2 million Steam Decks are that much of a percentage of it.
Valve also has a very unique organizational structure where engineers manage themselves and pretty much all decisions are handled by horizontal committees.
It’s called “being privately owned” or “not having to suck up to shareholders”
Yup hit the nail on the head. Not only can he make decisions that are risky that don’t pay off he is also 100 percent legally in his right to make decisions that lose the company money. If he feels it pushes the industry in the right direction.
It’s crazy to think the Steam Deck may not have been a reality due to this. And crazier to realize that Valve probably, at the very least, doubled their annual revenue due to all these new Deck owners, some who may have never had an account before, now buying all these games because of the cheap handheld.
Not only that, all the lack of proprietary things on the Deck like locking down the OS or forcing only Steam games and discouraging emulation or disallowing mods and upgrades like the removable SSD, even on the cheapest option with eMMC that is usually reserved for cheap soldered storage.
Doubled their revenue? I think you’re severely underestimating how much money Steam pulls in yearly if you think ~2 million Steam Decks are that much of a percentage of it.
If revenue growth is farther out than end of next quarter, it doesn’t exist
Drags them kicking and screaming
Valve also has a very unique organizational structure where engineers manage themselves and pretty much all decisions are handled by horizontal committees.
epic are also private, the difference is that Gabe aren’t a dubmass CEO, now epic…
That’s the facet people miss. Being privately owned gives you the opportunity to make better decisions. Doesn’t mean they’ll actually happen.