this post was submitted on 24 May 2024
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Gaming

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[–] secret300@lemmy.sdf.org 5 points 5 months ago (1 children)
[–] Kissaki@beehaw.org 10 points 5 months ago (2 children)

Insights from Dior, a prominent figure in the Counter-Strike community, reveal that Gabe Newell owns less than 25% of Valve.

Huh, I didn't know that. (emphasis mine)

[–] AndrasKrigare@beehaw.org 9 points 5 months ago

I still don't know it. I don't have a huge amount of confidence in "a prominent figure in the Counter-Strike community" as a source for Valve's internal finances.

[–] Chewy7324@discuss.tchncs.de 6 points 5 months ago (1 children)

Shares aren't necessarily voting shares, but I don't know how that works and if it's even relevant for the private Valve corporation.

So maybe Gabe Newell does have full control over Valve, or he might not.

It's definitely interesting that it's only 25%.

[–] ssj2marx@lemmy.ml 1 points 5 months ago

IIRC Valve issues shares to its employees, but the details aren't public. There are a bunch of different corporate ownership schemes out there that it could potentially be.