this post was submitted on 20 May 2026
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PC Master Race

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[–] p03locke@lemmy.dbzer0.com 2 points 2 days ago

so they didn’t need the cash infusionoffered by going public. Keeping it private is more profitable.

You think greedy corporations give a shit about "needs" or "long-term plans"? Keeping it private is more profitable in the long term, but most corporations don't think in those time periods. They think about the next quarter, making that line go up all the time, and when to cash out of their sweet infusion and dump the company.

Valve and, by extension, Gabe's decision to keep the company private is a choice. He wants a legacy that lasts, and you don't get that from fucking over your customers or making the company public.