gwl@lemmy.blahaj.zone to Technology@lemmy.worldEnglish · 6 days agoDiscord in discussions of going Public Trading, economics expert discusses how that might change thingswww.eurogamer.netexternal-linkmessage-square81fedilinkarrow-up1146arrow-down13file-text
arrow-up1143arrow-down1external-linkDiscord in discussions of going Public Trading, economics expert discusses how that might change thingswww.eurogamer.netgwl@lemmy.blahaj.zone to Technology@lemmy.worldEnglish · 6 days agomessage-square81fedilinkfile-text
minus-squarem-p{3}@lemmy.calinkfedilinkEnglisharrow-up34·6 days agoIt will inevitably focus more on pleasing its public investors than anything else, therefore enshittification. Maybe Steam/Valve is a unicorn, but it’s not publicly traded and it’s doing just fine.
minus-squareJigglySackles@lemmy.worldlinkfedilinkEnglisharrow-up15·5 days agoIt is a unicorn. I dread the day Gaben dies and Valve ends up going public. It feels like the last bastion of decent online services.
minus-squarebrucethemoose@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down2·5 days agoValve’s margins are almost criminal as-is. They make cash hand over fist, and they’re basically a monopoly already. …So not much might actually change, at least at first? But this also what they don’t need to go public. They have plenty of capital. And it’d just shrink the slice of pie Valve’s owners get.
It will inevitably focus more on pleasing its public investors than anything else, therefore enshittification.
Maybe Steam/Valve is a unicorn, but it’s not publicly traded and it’s doing just fine.
It is a unicorn. I dread the day Gaben dies and Valve ends up going public. It feels like the last bastion of decent online services.
Valve’s margins are almost criminal as-is. They make cash hand over fist, and they’re basically a monopoly already.
…So not much might actually change, at least at first?
But this also what they don’t need to go public. They have plenty of capital. And it’d just shrink the slice of pie Valve’s owners get.