Private companies still have shareholders who they are bound to make profit for. They’re just shareholders not fixated on stock value as it’s not publicly traded.
Private companies aren’t bound to make profit. I purposefully tanked my companies profit to literally 0 during the pandemic so I could keep my employee on at full wage while only open half time. A private company can make profit for shareholders, but it doesn’t have to. It can do whatever the shareholders want it to do, within the boundaries of the law.
I think the the main reason is that they’re private with no intention to go public. They’re not beholden to random shareholders who know nothing about games and just want infinite growth, their decisions are actually made by people inside the company.
Valve’s strategy is to maintain dominance of their software platform, Steam.
It has been pushing Linux as a viable computer platform as a counter to if/when Microsoft wanted to monetize PC gaming in direct competition to Steam, which seems to be a wise decision.
Hahaha thanks for this. I really find it fascinating how bad CEOs make lemmy think all companies are bad. It makes no sense.
Blame the system maybe, I get that. But good grief we are all trying to make a living. The only way to do it is to do business. Like any system, it will be exploited, but I’m not gonna shit on private companies especially who clearly have a vision and don’t need investor snobs to drive them to commit evil.
I meant it the other way around. No matter how benevolent a dictatorship is, eventually the dictator will change and you better hope there will be another benevolent one.
I personally don’t think the problem is doing business. I think the problem is businesses not being democratic.
Which stockholders? Valve does have some, but it doesn’t appear that they are published and are probably mostly employees since it’s not publicly traded. Maybe you’re saying that like game publisher stockholders from EA and such are involved in decision making at Valve? That seems plausible but it doesn’t seem like they’d have a ton of power over operations, more just some negotiating power.
It’s not their own opinion, they’re just repeating what they learned online. There’s multiple valve devs being “exploited” for $250k a year, it’s really tragic. They even exploit their worker by having college classes on the top of their building for their employees.
Valve gud. EA bad. Why Valve gud? Because me am told Valve gud. Why EA bad? Because me an told EA bad. Fact that each is purely motivated by profit and that my sentiment is almost entirely a byproduct of effective Valve PR coupled with it being the defacto gaming marketplace for 20 years and that the only value I have to it is as a data point in a spreadsheet is lost on me.
Valve good.
But valve company. Company bad.
But valve company do good thing.
But selfish reason.
But good outcome.
But what if no GabeN.
We pray.
If they ever went public & were legally bound to make profit for shareholders, there would be no good feelings anymore.
Going public is usually bad for product quality and consumer oriented business models.
Private companies still have shareholders who they are bound to make profit for. They’re just shareholders not fixated on stock value as it’s not publicly traded.
Private companies aren’t bound to make profit. I purposefully tanked my companies profit to literally 0 during the pandemic so I could keep my employee on at full wage while only open half time. A private company can make profit for shareholders, but it doesn’t have to. It can do whatever the shareholders want it to do, within the boundaries of the law.
We pray.
We pray.
🙏🏻
Valve is motivated by money. But their strategy is to make excellent products, that put the customers first. A rare sight these days.
I think the the main reason is that they’re private with no intention to go public. They’re not beholden to random shareholders who know nothing about games and just want infinite growth, their decisions are actually made by people inside the company.
Valve’s strategy is to maintain dominance of their software platform, Steam.
It has been pushing Linux as a viable computer platform as a counter to if/when Microsoft wanted to monetize PC gaming in direct competition to Steam, which seems to be a wise decision.
As we get closer to Microsoft forcefully shoving windows 11 down our throats, more and more I consider switching to Linux as my daily driver for home.
I’m not saying Valve was wrong. However, I can see Valve trying to do the same with Linux.
What will they shove though¿? They don’t control linux like how Microsoft controls windows. The only OS they have control over is SteamOS.
And what are most people running to game on Linux? Consumer Linux right now is Android and Steam; servers have their own systems.
On everything but the steam deck people are running their own choice of distro. You can’t even install steamos on a non steam deck right now
Hahaha thanks for this. I really find it fascinating how bad CEOs make lemmy think all companies are bad. It makes no sense.
Blame the system maybe, I get that. But good grief we are all trying to make a living. The only way to do it is to do business. Like any system, it will be exploited, but I’m not gonna shit on private companies especially who clearly have a vision and don’t need investor snobs to drive them to commit evil.
I meant it the other way around. No matter how benevolent a dictatorship is, eventually the dictator will change and you better hope there will be another benevolent one.
I personally don’t think the problem is doing business. I think the problem is businesses not being democratic.
Thats funny because shareholders are deeply involved in Valve, and those shareholders frequently decide which products get investment and which don’t.
Which stockholders? Valve does have some, but it doesn’t appear that they are published and are probably mostly employees since it’s not publicly traded. Maybe you’re saying that like game publisher stockholders from EA and such are involved in decision making at Valve? That seems plausible but it doesn’t seem like they’d have a ton of power over operations, more just some negotiating power.
It’s not their own opinion, they’re just repeating what they learned online. There’s multiple valve devs being “exploited” for $250k a year, it’s really tragic. They even exploit their worker by having college classes on the top of their building for their employees.
Valve gud. EA bad. Why Valve gud? Because me am told Valve gud. Why EA bad? Because me an told EA bad. Fact that each is purely motivated by profit and that my sentiment is almost entirely a byproduct of effective Valve PR coupled with it being the defacto gaming marketplace for 20 years and that the only value I have to it is as a data point in a spreadsheet is lost on me.