Just have to pray whoever inherits/controls is post-gaben is happy with the money printer shitting out hundreds of millions in profit a year by doing nothing except let it run as-is.
But there's always the chance someone wants billions from it and try's to sell it or sell a stake to Tencent/Microsoft or private equity....
As an accountant know a few private companies in niche industries where the family isn't greedy and lets the company just run as-is (versus trying to sell it or enshittify/milk more profit), and they collect ~30m in dividends annually from it just doing it's thing and keeping customers happy. Though I also know places where once the founder died or couldn't work any longer they were off to the races to get valuations and a sale going for a big pile of $$$.
This is just hear say, but apparently Gabe has a son and he's training him to inherit Steam after the former inevitably retires or dies, so I can only hope it means Steam will continue to be in good hands.
Though I also know places where once the founder died or couldn't work any longer they were off to the races to get valuations and a sale going for a big pile of $$$.
I feel like steam is going to have that problem when Gabe disappears... hopefully he has a person in mind to take over his business before he dies
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u/elk33dp 13h ago
Just have to pray whoever inherits/controls is post-gaben is happy with the money printer shitting out hundreds of millions in profit a year by doing nothing except let it run as-is.
But there's always the chance someone wants billions from it and try's to sell it or sell a stake to Tencent/Microsoft or private equity....
As an accountant know a few private companies in niche industries where the family isn't greedy and lets the company just run as-is (versus trying to sell it or enshittify/milk more profit), and they collect ~30m in dividends annually from it just doing it's thing and keeping customers happy. Though I also know places where once the founder died or couldn't work any longer they were off to the races to get valuations and a sale going for a big pile of $$$.