• withabeard@sh.itjust.works
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    1 year ago

    Going public would mean gaben has sold out. Which would make sense for him at some point. If he's still working there he'll be stuck with the worst of both worlds.

    Whoever comes in under him will want to make their pie and ready it too.

    • Belgdore@lemm.ee
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      1 year ago

      There’s no point in selling out when you make money hand over fist. All going public would do is make him lose total control of his company.

      • MysticKetchup@lemmy.world
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        1 year ago

        Not everyone is interested in total control. If Gaben decides he wants to retire on an even bigger pile of money or if his successor wants to cash in quick they could easily go public and reap a massive amount since Valve shares are sure to be high. I think the former is less likely than the latter, but Gabe is getting to retirement age, I expect to hear about a successor in the next 10-20 years

          • MysticKetchup@lemmy.world
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            1 year ago

            A lot of people are unimaginably rich, but that doesn’t stop them from coveting more wealth. Gaben seems to be happy where he is, thus why I think it’s less likely he sells out than a successor takes over and sells out instead