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Valve's reported profit-per-head from Steam commissions is out there, and at $3.5 million per employee it makes Apple and Facebook look like a lemonade stand (www.pcgamer.com)
submitted 1 year ago by to c/steam@lemmy.ml
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[–] 35 points 1 year ago (2 children)

That's what you can do if you're not publicly traded. The supposedly "wise" market whenever anything goes wrong always seems to insist on burning down decades of good-will to extract a few bucks.

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  • [–] 17 points 1 year ago (1 child)

    the average person really needs to realize that most businesses are just hilariously incompetent, the only reason things stay together is because of shittily paid workers doing their jobs despite management's best efforts.

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  • [–] 6 points 1 year ago

    I laugh whenever some one thinks the government is "inefficient" and that the company will be more efficient. I've watched publicly traded companies waste a tonne of money on various boondoggles.

    Usually the company survives despite the incompetence for other reasons.

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  • [–] 6 points 1 year ago

    If they were publicly traded they could have started to do the smart things that investors like to see, like spending billions to integrate AI in steam. Why is there no AI in steam yet ? Clearly a failure, Gabe should be replaced by a CEO that would not lose time and money in frivolous things like Linux (what is Linux BTW ?) and start improving the company values by adding AI and firing employees.

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