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What do you think of this prediction? (programming.dev)

submitted 5 months ago by federino@programming.dev to c/steam@lemmy.ml

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[–] HaiZhung@feddit.de 24 points 5 months ago* (last edited 5 months ago)

What many posters in this thread fail to realize is that there is a very good reason why steam hasn’t been hit by the enshittification that otherwise permeates human existence in 2024.

Of course, Gaben as their CEO has the last say in it. And he’s just a good guy. But wait, aren’t there other companies that have good guys as their CEO and yet the enshittification persists?

The profound reason is that Valve is not a publicly traded company. They have no obligation to any investors to make number go up. They are a private company, they can do whatever the fuck they want. If they stay flat and keep paying their employees, that’s totally fine, and there is 0 pressure on them to change anything. THAT‘s why Valve seems like such a different company compared to everything else that’s out there.

Of course it’s still a choice to go public or not, and they have made the right call (for us consumers).