this post was submitted on 14 Mar 2024
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[–] [email protected] 26 points 8 months ago (1 children)

I mean… yeah no shit. You’re telling me the guys selling products other people make in an almost entirely digital system have a more profitability per staff than the people who develop their own products?

It’s always odd that people treat Steam like it’s this small almost indie company with it’s actually a gigantic monolith with a near monopoly in the PC gaming market

[–] [email protected] 10 points 8 months ago

I feel like the people who think of steam as a small/indie company have that impression because it's not public and is shockingly uncontroversial for a company its size (at least in terms of revenue).

[–] [email protected] -2 points 8 months ago

Yeah, when you sell loot boxes of digital skins that are widely used on 3rd party illegal e-sports gambling sites, you make billions. Great job, Valve. Ever wonder why e-sports teams have these "BETKING360"-sponsors? It's because young men have money to gamble with and the potential for being the next generation of gambling addicts. Valve knows that, it just doesn't facilitate gambling directly. It just plays bank

I have no love for Gabe Newell, even if he has these charming video skits he sometimes does for TI or whatever

[–] [email protected] 7 points 8 months ago (2 children)

From what I garnered this is revenue, not profit. Also comparing the companies to Apple, FB & Microsoft is not really a fair comparison. I know it was the Valve employees doing this. Probably a better choice would have been something like a restaurant chain or store like Walmart.

[–] [email protected] 1 points 8 months ago* (last edited 8 months ago)

IDK, I think the Microsoft comparison is fair. Yeah, Microsoft has a ton of software development, but they also have a massive software sales side, perhaps bigger than the development side. Like Microsoft, hardware and ads are a very small part of their business, and software sales is a large part.

Comparing to Walmart or a restaurant chain doesn't make sense since they have physical locations and a high headcount to support that physical network.

Maybe Sony or Nintendo would be a better comparison since both make a ton of money from selling games on their platforms.

[–] [email protected] 7 points 8 months ago* (last edited 8 months ago)

Valve also makes ridiculous buck from their games. Every VR user wants to play Alyx, and Dota 2 with Counter Strike 2 are two of the most popular multiplayer games without being complete shitshows (like Fortnite, Roblox and whatever the hell goes on on mobile phones). Not to mention an occasional instant classics like Portal 2.

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