Gaming

20195 readers

22 users here now

Sub for any gaming related content!

Rules:

1: No spam or advertising. This basically means no linking to your own content on blogs, YouTube, Twitch, etc.
2: No bigotry or gatekeeping. This should be obvious, but neither of those things will be tolerated. This goes for linked content too; if the site has some heavy "anti-woke" energy, you probably shouldn't be posting it here.
3: No untagged game spoilers. If the game was recently released or not released at all yet, use the Spoiler tag (the little ⚠️ button) in the body text, and avoid typing spoilers in the title. It should also be avoided to openly talk about major story spoilers, even in old games.

founded 5 years ago

MODERATORS

Metallinatus@lemmy.ml

peternile@lemmy.ml

208

Phil Spencer blames capitalism for games industry woes: 'I don't get [the] luxury of not having to run a profitable growing business' (www.pcgamer.com)

submitted 9 months ago by ylai@lemmy.ml to c/gaming@lemmy.ml

118 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] ChuckEffingNorris@lemmy.ml 36 points 9 months ago (2 children)

Steam is a prime example of this. Not privately run it would have been bloated to extinction years ago.

Shareholders are leechers to quality. Dividends are not enough, the underlying asset must grow no matter what.

When Gabe croaks it Steam is fucked. It will go public.

[–] warm@kbin.earth 3 points 9 months ago

You dont think Gabe has surrounded himself with like-minded people?

He will pass it off to someone else and Valve will carry on as it has.

[–] kadu@lemmy.world 2 points 9 months ago

Yeah, Gabe's son is entirely focused on his own business, not related to gaming at all. Once Gabe is gone, his son will probably just sell it for an acceptable price and Steam will go public fairly soon after.