• Cethin@lemmy.zip
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    1 year ago

    Well, the idea is you can do something else with the money instead of it being tied up with that company. You could start another venture if you want to. I’m pretty sure Valve is what he wants to be doing though, so starting a different company isn’t really something he’d want to do.

    • greenskye@lemm.ee
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      1 year ago

      Even if he doesn’t want to run it, doesn’t mean it has to be sold to another company. It can just keep on being a private company with a new handpicked leader. There’s no upside to selling for Gabe. After he passes however… all bets are off.

      • jcit878@lemmy.world
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        1 year ago

        depends who he passes ownership to. it could be a bunch of inheriters who have no interest in owning/running it and it will be forced to sell off to split shares out. or maybe he gifts it to a single person he sees as a successor. who knows, i dont know shit about his family so have no idea

        • OldQWERTYbastard@lemmy.world
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          1 year ago

          I would trust Gabe’s judgement 100%. Dude runs one of the most pro-consumer companies in history. In doing so, he has built a fiercely loyal fan base by simply being good to his customers; not trying to squeeze them for every single cent.

          Gabe is a rarity; part of a bygone era of business owners and software engineers who truly care about their projects and want to build things that they themselves want to use and play. He’s a smart man and Valve has been his baby since he left Microsoft. He’ll make sure it’s in good hands when and if retirement comes calling.