• 10 Posts
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Joined 1 year ago
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Cake day: June 30th, 2023

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  • It’s usually a pretty hard sell of “make the company you work at shittier to make more money”, especially since most of the employees probably know gabe personally (valve has less than 400 employees) and likely approve of his leadership.

    And most of the ones with the high percent have been there since the beginning, probably close to Gabe’s age, looking towards retirement. They make good money, but retirement is expensive.

    I mean. That link from this year said Microsoft was thinking 16 billion. 1% of that is 160 million.

    Or they may die and their kids see dollar signs when a vote comes up

    Steam is great now, it’s not debatable. But its naive to expect it indefinitely. 10 years, 20 years from now? It wouldn’t be surprising if Valve was a lot shittier than it is today

    It won’t last forever


  • Usually it’s forced arbitration, you can’t sue

    It really favors the company. Steam is explicitly saying no arbitration which levels the playing field.

    Arbitration doesn’t save money. You still need lawyers.

    What’s bigger is this explicitly says it allows class actions. Something that most prevent and require individual arbitration, consumers are better off when they can pool resources for lawyers against a giant corporation, especially since most would require an upfront payment for a large class action.


  • Not sure, apparently the 25% figure is really new, Wikipedia is sourcing something from 2017 that says he has 50+.

    This is the most up to date I can find that attributes a source

    https://www.guru3d.com/story/microsoft-reportedly-readies-billion-bid-to-acquire-valve-steam/

    Insights from Dior, a prominent figure in the Counter-Strike community, reveal that Gabe Newell owns less than 25% of Valve. This suggests that a significant portion of Newell’s wealth is tied to his equity in the company. The decision to sell Valve wouldn’t rest solely with Newell; numerous employees who likely hold stock options could also have a say through a voting process if an offer were made.

    So it sounds like a lot was given to employees from the beginning, which track with Gabe.

    Then he may have cashed out a couple times, but I doubt that when he could just do the billionaire thing where he borrows against his stock counting on the value increasing enough to pay off the last with a new?

    But then again Gabe is different and might not do that out of principle.

    It’s not publicly traded, so I guess we don’t really know unless Valve discloses who owns what. Which I just realized is pretty concerning on its own.


  • Yeah, but Gabe is down to 25% ownership.

    He could be pushed out at anytime. It’s this weird situation where if a serious challenger to Steam really takes off, the 75% may demand Steam gets shittier to make more money.

    But Gabe won’t last forever anyways, who knows what will happen without him. Which means people do want some kind of challenger to prevent a monopoly, but that just makes the other scenario more likely

    Steam is already a huge outlier





  • He is and he’s been saying it for half a century…

    But to truly believe Israel is the good guys working towards peace in 2024 is completely illogical and in direct opposition to every piece of intelligence that isn’t coming from Israel.

    And he does seem to truly believe it, I don’t think he’s just lying to everyone. It’s no different than an elderly relative going hard trump, he’s being taken advantage of by a foreign government.

    It’s not an excuse, and it’s definitely not a reason to let him keep doing this shit, but it’s important to understand why people do horrible shit like support a genocide.

    Just write him off as a horrible monster and it’s hard to prevent it from happening again. That’s a big part of why we’re still fighting fascists all over the planet. It’s not enough to say they’re monsters, we need to understand the why so we can stop it from happening again


  • Biden is literally being taken advantage of by Israel at this point due to his age, or he’s flat out lying to everyone about what he thinks is happening.

    Like, his continually denial of reality at this point doesn’t have any other explanation

    He believes it and age isn’t just why he couldn’t be the candidate, it’s why he shouldn’t be president right now.

    Or he knows that when people criticize him, people and the media will label them trump supporters for having standards higher than “not trump”. Which I’ll never understand but still happens online often.

    Either way, Biden is faciliting a genocide.







  • Genocidal fascists always hate the media…

    The killing of journalists in the Israel–Hamas war, along with other acts of violence against journalists, marks the deadliest period for journalists in the Israeli–Palestinian conflict since 1992 and the deadliest conflict for journalists in the 21st century.[1] As of September 2024, the Committee to Protect Journalists counted 116 journalists who were killed (111 Palestinian, 2 Israeli and 3 Lebanese),[2] and the International Federation of Journalists counted 134 journalists and media workers who were killed (127 Palestinian, 4 Israeli and 3 Lebanese)[3] A July 2024 count by the Gaza government media office placed the number of Palestinian journalists killed at 160.[4][5]

    On 30 January 2024, the head of the Committee to Protect Journalists stated, “Israel’s war on Gaza is more deadly to journalists than any previous war”.[6][7] Israeli airstrikes additionally damaged or destroyed an estimated 48 media facilities in Gaza.[8] Reporters Without Borders has reported that the Israeli army intentionally targeted Palestinian and Lebanese journalists.[8] The Guardian stated that contrary to international law, Israel had targeted Hamas-affiliated Palestinian journalists despite their non-involvement in combat, thus disputing Israel’s denial of targeting journalists.[9] In 2023, nearly 75% of journalists killed worldwide were Palestinians who had died in Israel’s war in Gaza.[10][9]

    https://en.m.wikipedia.org/wiki/Killing_of_journalists_in_the_Israel–Hamas_war**___**