• TWeaK
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    251 year ago

    The difference is Valve is completely privately owned, Microsoft cannot force a sale.

    With a publicly traded business, the business must be run in the interests of the shareholders, ie it must pursue profits above all else. Thus a buyer can effectively present “an offer you can’t refuse”, at least the business can’t refuse on behalf of shareholders (maybe the shareholders could vote and refuse). With a private business the owner generally has free reign to run the business as they see fit, they could run it into the ground if they so desired.

    So it doesn’t matter how much cash Microsoft or whoever have, so long as Gabe doesn’t want to sell.

    • @jjjalljs@ttrpg.network
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      151 year ago

      So long as Gabe doesn’t like die or have a personality changing stroke. Not sure what Valve’s plans are for his retirement

        • Dizzy Devil Ducky
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          11 year ago

          According to Forbes, as of today, his net worth is apparently $4.3 billion. That man could quit now and live a very comfortable life until he dies.