this post was submitted on 17 Oct 2026
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I guess one way to prevent that would be to create a nonprofit org with a very clear set of rules on how to run Valve going forward. Kinda like Rolex works today.
"Nonprofit" and "Valve" don't belong in the same universe. Valve is and has been 100/ about making money, and it's been very, very good at it. They behave like they do because they aren't publicly traded, so there aren't short-term investors wanting to pump the stock and bail out, so they look at actual long-term investment and profit strategies.
People love Steam around here, but it was the beginning of modern enshittification of gaming. It was literally launched as a way to create an online activation requirement for a single-player game (Half Life 2), and they've fully-embraced lootbox mechanics for years.
Gabe is a billionaire yacht collector, not your buddy. Public companies exist to drive up share value at all times. Valve exists to make Gabe more money.