this post was submitted on 04 Jul 2025
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When is the bottom going to fall out, though? Gabe is going to die in the next couple decades most likely, and although I've heard his son has a similar mindset to him he could sell Valve or he could pass away. Then I think the gaming industry is going to go to complete shit, and it's possible we could all lose our steam libraries worth thousands of dollars.
Time to make valve a coop then.
We do need new paradigms of ownership. Ultimately, corporate entities can be democratic, if the shares are distributed to many people and not concentrated in the hands of a few. What would happen if everyone just bought into it? Player owned company? It could be done.
I think what you're describing where the owners are the users/clients/members is called a mutual, but yeah co-op, mutual, non profit, etc structures all are better options. and if you need to go with a c-corp or not, unionize.