this post was submitted on 04 Aug 2026
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Today I Learned

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I know he has a fleet of megayachts but i wasn't awake he owns an entire megayachts business

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[–] StankStain@lemmy.today 74 points 4 hours ago (11 children)

friendly reminder that valve is not your friend. they operate the way they do because that's their business strategy to make the most money long term.

[–] NewNewAugustEast@lemmy.zip 7 points 1 hour ago* (last edited 1 hour ago)

Fairly happy to find a business that wants to make money long term. Pretty rare these days. I would say thats a good thing, wouldnt you?

How do they do it? Looks like expanding into the open hardware space, the open source space, have good customer service and avoid ads expect to promote games.

And the alternative is what? GOG?

In the end they are just a store front, so it isnt even like they are the only place to buy a product, yet somehow they are the only ones that seem to even give a shit about me playing games on Linux.

And then there are the employees. As far as we know (please if you work at valve say something) they are the highest compensated people in the it/game industry.

That's...that's how a business should operate. Not chasing quarterly reviews and stock prices, but being in business as long as feasibly possible. Making products and/or services that meet the need of the market and continual improvement of them.

Instead most businesses, especially dealing with video games, are ran by short term thinking psychopaths who only care how a quarter looks and not the long term sustainability of the entire company. They saw a massive influx during the Covid lockdowns and didn't realize that was temporary growth for a particular difficult time so keep chasing those kinds of profits with layoffs, studio closures.

[–] systemglitch@lemmy.world 5 points 1 hour ago

You are not my friend, doesn't mean you are my enemy either.

[–] melfie@lemmy.zip 2 points 1 hour ago

I think Gabe acts more like the European rich. They are still pieces of shit, but they learned a long time ago to STFU about their money after a long history involving guillotines and the like that the U.S. hasn’t experienced to the same extent just yet.

[–] DupaCycki@lemmy.world 39 points 4 hours ago (2 children)

No corporation or billionaire is your friend. No matter how nice they appear just because the rest are genocidal sociopaths.

Not all of them are necessarily evil either, but regardless of their intentions, they're almost always a net loss for society.

[–] flamingo_pinyata@sopuli.xyz 6 points 3 hours ago (1 children)

Regardless, we should reward socially beneficial behavior. Billionaires are humans, and as such trainable through a correct reward structure. Harm reduction is important.

[–] some_designer_dude@lemmy.world 3 points 2 hours ago

They deserve negative reinforcement though. “Rewarding billionaires” for anything feels very wrong, regardless of the ends.

[–] CIA_chatbot@lemmy.world 7 points 3 hours ago* (last edited 3 hours ago)

But remember the CIA is TOTALLY your friend!

~unless you are a third world country. Terms and conditions may apply~

[–] Zoldyck@lemmy.world 17 points 4 hours ago (6 children)

He's also not an enemy though. For an extremely wealthy person he's a decent guy imo. Then again, I don't know everything about him

[–] Schal330@lemmy.world 19 points 4 hours ago (4 children)

Quite a lot of people thought Elon was a decent guy once upon a time.

I just think Gabe is a bit smarter in what he says and does publicly. Most extremely wealthy people seem to be higher in measures of narcissistic traits, self-entitlement, and egocentrism.

[–] I_Has_A_Hat@lemmy.world 11 points 3 hours ago (2 children)

Elon had a full time PR team that was pushing that image since he wanted to be known and popular, then he started posting stuff himself and we all saw the mask fall off. I don't think Gabe has the same thing since he seems to try and stay out of the spotlight as much as possible.

[–] sp3ctr4l@lemmy.dbzer0.com 6 points 2 hours ago* (last edited 2 hours ago)

Elon also had staff who described their actual job as essentially jangling keys in front of Elon, because he has a tendency to just randomly have an insane idea and decide everyone is doing that now.

So, they had to distract him from making too many stupid decisions, fucking up workflows and procesesses. He's just an idiot, who's probably mildly aspy/autistic, and that got PR transformed into 'quirky genius'. But look into what happened at PayPal, or Tesla, anything. He's incompetent at anything other than corporate ratfuckery, he's never coded or designed anything novel or useful.

This uh... was from Tesla, a decade ago. Now of course, its all sycophants.

Compare that to Valve's odd, flat-ish hierarchy, just work on something cool and be useful work culture.

Gabe has been known to occasionally bring the hammer down, but the vast amount of Valve's style, intentionally created and maintained by Gabe is... hands off. Hire the actual best, they'll direct themselves, kind of thing.

Ain't perfect, but... probably a lot less of an insane tyrannical bastard than Elon.

[–] Grimy@lemmy.world 0 points 2 hours ago* (last edited 2 hours ago) (1 children)

Gabe has a very good PR team. Don't you remember all the "Gabe plays video games too" articles? Staying out of the spotlight isn't the same as being a good person.

If he was a good person, he would be using his wealth to help society instead of owning more than a billion worth of boats. If he was a good person tbh, he'd close the spigot a bit so more profit would go to devs but he takes his fat cut like all the other store owners.

[–] I_Has_A_Hat@lemmy.world 4 points 2 hours ago

Don't you remember all the "Gabe plays video games too" articles?

I don't. Literally the first I'm hearing of it.

I never thought Elon was a decent guy, but that's anecdotal.

[–] godsammitdam@lemmy.zip 1 points 1 hour ago

Most extremely wealthy people seem to be higher in measures of narcissistic traits, self-entitlement, and egocentrism.

Literally what capitalism rewards the most as they're the most willing to exploit.

[–] Zoldyck@lemmy.world 5 points 3 hours ago

Fair points. Let's hope he doesn't lose his marbles

[–] TrickDacy@lemmy.world 8 points 4 hours ago (2 children)

Oh man you're about to get attacked for this one. I've been piled on massively for simply suggesting he was better than others.

[–] THE_GR8_MIKE@lemmy.world 1 points 3 hours ago

And on top of that, Steam is just better than its competitors. As a normal consumer who enjoys decent deals, Steam is pretty great.

[–] CTDummy@piefed.social 1 points 3 hours ago* (last edited 3 hours ago) (1 children)

I like Gabe to be clear but come on. Even if he just isn’t as shit as the others, the guy clearly knows to separate his public and private profiles. This guy knew that him simply hammering three times on something was going to be dissected by 1 million nerds and used to confirm a game that never came.

Let’s not forget that Valve essentially made a significant portion of their money selling gambling to kids. He’s “better than others” sure, that’s because the others are so subsumed by their narcissism, they’re doing Nazi salutes on podiums while gutting welfare and spouting stale memes. It’s not exactly a high bar to stumble over.

[–] TrickDacy@lemmy.world 1 points 3 hours ago (1 children)

He’s “better than others” sure

Was more than enough.

[–] CTDummy@piefed.social 1 points 2 hours ago (1 children)

3/4 into my comment. My point is, there’s always going to be people here that downvote the guy. It’s like complaining about the weather. The “all billionaires are bad” types aren’t really interested in the one exception, if he can even be qualified as that. That’s all. Who cares, compliment him anyway and they can shit on billionaires. They aren’t even necessarily mutually exclusive imo.

[–] TrickDacy@lemmy.world 2 points 2 hours ago (1 children)

Just gets annoying that people are ready to jump down your throat constantly because they are an extremist and they're mad you're not. Like I get why they say all billionaires are bad. Fine, but the world isn't black and white. Some bad things are less bad. People need to understand this.

[–] CTDummy@piefed.social 0 points 1 hour ago* (last edited 1 hour ago) (1 children)

Sure I don’t disagree (and it’s a big problem for Lemmy) but it cuts both ways right? That’s the same as going “but I like cheeseburgers” in a vegan comm. Even if Gabe personally is good (I and a majority of people have no idea really) he still exist in a system where a select few are hoovering up disproportionate amounts of the wealth. That’s all, it doesn’t mean Gabe personally has to answer to capitalism. Just that unfortunately he exists in it and due to his position people aren’t gonna like him for it and I get that.

That said plenty of people claim to hate him for that but just hate him in general and would do so even if he wasn’t as wealthy, as an aside. I don’t think I saw many subs specifically for Linux hate on reddit when I was there but they exist here lol. Perks of the platform I guess.

[–] TrickDacy@lemmy.world 2 points 1 hour ago* (last edited 1 hour ago) (1 children)

That’s the same as going “but I like cheeseburgers” in a vegan comm.

No not really. Often what I'm talking about is someone asking why everyone hates Gabe then any explanation short of "he's billionaire scum" is offensive to the types of users who make this place less pleasant. Nothing about Lemmy is inherently supposed to be raging zealots. Leftists can and should be civil and measured in the way they apply their ideas to society. Even if one personally thinks some ultra socialist world is the only acceptable one, it doesn't help anyone to go around acting like everyone has to think just the same that regard.

[–] CTDummy@piefed.social 1 points 1 hour ago (1 children)

I think we’re conflating some adjacent things here. There’s a good amount of people I can see in here calmly explaining the “he’s billionaire and that’s bad” angle which are all around Lemmy. Hence the quoted, although admittedly poor analogy. No problem blocking or muting the separate zealots as you mentioned before. I do it all the time. Unfortunately those you’re referring view those type of “civil” leftist as also the enemy. Its why I block some of the instances I do.

[–] TrickDacy@lemmy.world 1 points 1 hour ago

Right well the only issue I have with the calm people would be if there's like 5 of them all saying exactly the same thing. Definitely more focused on the ragers in my comments here

[–] 0ops@piefed.zip 1 points 2 hours ago

Eh, decent guys don't need that many boats

[–] BarbecueCowboy@lemmy.dbzer0.com 1 points 3 hours ago

The worst thing he seems to do so far is collecting the fastest and largest version of every type of vehicle. Obviously, there are always downsides, but could be tremendously worse.

[–] chiliedogg@lemmy.world 0 points 2 hours ago (1 children)

All billionaires are the enemy. Valve is privately-owned, which means their evil is more long-term. You know the shit Sony's getting flack for right now? Valve's been doing it for over 20 years.

[–] blartcap_@lemmy.dbzer0.com 2 points 5 minutes ago

Valve pioneering into digital distribution in 2002 because they saw an opportunity to distribute in ways publishers hadn't considered is not the same thing as Sony choosing to end physical media distribution in 2026 to kill off used games sales and control pricing.

[–] sudo@lemmy.today -2 points 2 hours ago

His wealth is stolen. He is the enemy.

[–] Goudewup@lemmy.dbzer0.com 10 points 3 hours ago (2 children)

No, Valve is privately owned. That means the company does whatever the owners want it to do. Unlike public companies which can be sued by their own shareholders of they don't pursue profits hard enough.

That's not to say we should blindly idolize a billionaire, but he and in turn Valve can in fact do things that are friendly to consumers.

[–] FishFace@piefed.social 3 points 3 hours ago

can be sued by their own shareholders if they don't pursue profits hard enough

You can be sued by anyone for anything, but many actions are unlikely to be successful, including that one. In practice, company executives have extremely broad latitude to pursue profits in a way they see fit. If the make the argument in front of court that using Linux, having pretty good customer service, a UI that doesn't suck donkey balls, and not monetising gambling addicts TOO much is the best path to long term profit, the court isn't going to say, "you know what I know better than you".

The shareholders can sue in situations where execs embezzle money, or deliberately fuck the company and leave evidence that they've done so, things like that. Not just because they think that the company should do something else.

What absolutely can and does happen is that the shareholders fire the CEO. But a public company doesn't have to be structured so that that can happen.

[–] Grimy@lemmy.world -2 points 2 hours ago (2 children)

Shame they aren't doing those things. Steam doesn't need 30% of the profits just for hosting the downloadable file.

Fact is we need some hard regulations for all digital stores, especially when it comes to gaming but we will never get them because a large number of consumers are dead set on defending one of those stores.

You can't clamp down on Microsoft for stealing from their customers (both devs and gamers) while steam, who's making even more profits, gets a free pass.

[–] warm@kbin.earth 3 points 2 hours ago (2 children)

While having only one store front is convenient, but less competitive, it is not a fault of Valve. People defend Steam because it hasn't screwed them over.

Epic Games failed because they set up a dysfunctional store, games were the same price for customers and they went aggressive with anti-consumer practices like free games and exclusives to attempt to secure a base. They offered nothing extra for the customer except uncertainty, so why would anyone want to build a game library there? You can't convince someone to inconvenience themselves for a worse product, just because "Steam takes 30%!!! We only take 12%!!". Epic Store was so fucking shit, I would bet even if them savings were passed onto the customer, most would still pay more to stay on Steam.

Origin failed, UPlay failed, they all tried to profit as much as possible for themselves instead of building a good competitive product. The only other successful ones really (outside of key resellers) are GOG and itch.io, which have their own niche spaces.

[–] Grimy@lemmy.world 1 points 59 minutes ago* (last edited 51 minutes ago)

The other stores aren't the bar though. Epic being shit doesn't make Steam a saint. I also don't think giving free games is anti consumer. Exclusives yes but not the free games.

Steam is under multiple lawsuits, including one because they threaten devs with delisting if they put their game up for cheaper on other stores (this is separate from their steam key rule).

I think they have a massive ad campaign not only to make themselves look good but also to make the competition look bad tbh. I see a lot of seo work being done for instance. I'm guessing the budget is massive.

Steam also popularized DRM and not owning your games. It's a money printing machine tbh. They have like 300 employees lol.

[–] sp3ctr4l@lemmy.dbzer0.com 2 points 1 hour ago

Yep.

Steam is a functional monopoly, but... I'd argue it didn't get there by being underhanded, ratfucking competitors secretly or brazenly.

It just is better. It offers far more things, to both consumers and developers/sellers.

Attempts to outdo or directly compete with Steam have just actually been comically incompetent, from at least my own business analyst perspective.

Yeah, it has contract terms it enforces on sellers, but imo, they're far less restrictive than say, platform/marketfront exclusivity, as had long been the norm in the video game industry.

Room for improvement? Absolutely. Functionally gambling on in game items, children doing this, is a legitimate problem. Afaik the court case with NY is still ongoing, will be interested to see how that pans out.

[–] blartcap_@lemmy.dbzer0.com 0 points 3 minutes ago (1 children)

Is it defending a store to point out that your description of it only hosting downloadable files and nothing else is very incorrect?

[–] Grimy@lemmy.world 1 points 37 seconds ago

Yes because it's nitpicking and ignores the point. Are we going to pretend it isn't their main product, and that by far?

[–] cynar@lemmy.world 2 points 2 hours ago (1 children)

I will settle for a company who's demonstrated long term strategy is mostly in line with my interests. It's not perfect, but I'll take "morale because it's profitable" over "enshitifcation for a quick profit"

[–] StankStain@lemmy.today 1 points 2 hours ago (1 children)

that's why i said friendly reminder and not "boycott valve"

[–] cynar@lemmy.world 2 points 1 hour ago
[–] anon_8675309@lemmy.world 3 points 3 hours ago

Corporations are not your friends. They may do something you like but will shit on you if it benefits them.

[–] Dookieman12@piefed.social 1 points 2 hours ago

I never thought he was my friend. The CEO being my friend is not a requirement for running a company I don't mind buying from.

Do you refuse to buy toilet paper because no TP company CEO is your friend either?

[–] lyralycan@sh.itjust.works 0 points 1 hour ago

Yeah you're right 😔 why can't they be motivated by morals and social high standings like people

Fuck capitalism