Phil Spencer blames capitalism for games industry woes: 'I don't get [the] luxury of not having to run a profitable growing business'ylai@lemmy.ml to Gaming@lemmy.ml – 207 points – 7 months agopcgamer.com118Post a CommentPreviewYou are viewing a single commentView all commentsShow the parent commentSteam is a prime example of this. Not privately run it would have been bloated to extinction years ago. Shareholders are leechers to quality. Dividends are not enough, the underlying asset must grow no matter what. When Gabe croaks it Steam is fucked. It will go public.You dont think Gabe has surrounded himself with like-minded people? He will pass it off to someone else and Valve will carry on as it has.1 more...
Steam is a prime example of this. Not privately run it would have been bloated to extinction years ago. Shareholders are leechers to quality. Dividends are not enough, the underlying asset must grow no matter what. When Gabe croaks it Steam is fucked. It will go public.You dont think Gabe has surrounded himself with like-minded people? He will pass it off to someone else and Valve will carry on as it has.1 more...
You dont think Gabe has surrounded himself with like-minded people? He will pass it off to someone else and Valve will carry on as it has.
![Phil Spencer blames capitalism for games industry woes: 'I don't get [the] luxury of not having to run a profitable growing business'](https://lemmy.ml/pictrs/image/ad52be4c-4529-48df-ae10-9135c073f0f7.jpeg?format=jpg&thumbnail=256)
Steam is a prime example of this. Not privately run it would have been bloated to extinction years ago.
Shareholders are leechers to quality. Dividends are not enough, the underlying asset must grow no matter what.
When Gabe croaks it Steam is fucked. It will go public.
You dont think Gabe has surrounded himself with like-minded people?
He will pass it off to someone else and Valve will carry on as it has.