this post was submitted on 24 May 2024
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Gaming

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From video gaming to card games and stuff in between, if it's gaming you can probably discuss it here!

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[–] [email protected] 5 points 3 months ago (1 children)
[–] [email protected] 10 points 3 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)

[–] [email protected] 9 points 3 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.

[–] [email protected] 6 points 3 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%.

[–] [email protected] 1 points 3 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.