• Billiam
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    6 months ago

    according to the article Gabe only owns about 25% of the company

    The source for that number is the same Xitter that made up the rumor in the first place:

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

    Valve is not a public company. Unless Dior is on the board of Valve, or know someone who is, he doesn’t know the makeup of the ownership structure. Wikipedia cites a Forbes article that says Gabe owns “more than half” of Valve, although that article was published in 2011 so it’s possible that’s changed.

    • @[email protected]
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      06 months ago

      Thanks for pointing this out. It looks, from other articles, that this rumour is completely unsubstantiated anyway so I guess it’s a moot point. Now that I think about it, 16 billion seems pathetically low for the money-printing machine that is Steam.