this post was submitted on 25 May 2024
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[–] Brunbrun6766@lemmy.world 25 points 6 months ago (6 children)

Hasn't valve said multiple times that they are not interested in selling to anyone

[–] herrcaptain@lemmy.ca 8 points 6 months ago (4 children)

Sure, but according to the article Gabe only owns about 25% of the company, so conceivably if MS throws enough money at them, surely enough people will vote in favour. I certainly hope this never happens, of course.

[–] billiam0202@lemmy.world 12 points 6 months ago* (last edited 6 months ago) (2 children)

according to the article Gabe only owns about 25% of the company

The source for that number is the same Xitter that made up the rumor in the first place:

Insights from Dior, a prominent figure in the Counter-Strike community, reveal that Gabe Newell owns less than 25% of Valve.

Valve is not a public company. Unless Dior is on the board of Valve, or know someone who is, he doesn't know the makeup of the ownership structure. Wikipedia cites a Forbes article that says Gabe owns "more than half" of Valve, although that article was published in 2011 so it's possible that's changed.

[–] herrcaptain@lemmy.ca 5 points 6 months ago

Thanks for pointing this out. It looks, from other articles, that this rumour is completely unsubstantiated anyway so I guess it's a moot point. Now that I think about it, 16 billion seems pathetically low for the money-printing machine that is Steam.

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