Post #1812748
2026-01-10 16:16 UTC
It will inevitably focus more on pleasing its public investors than anything else, therefore enshittification.
Maybe Steam/Valve is a unicorn, but it's not publicly traded and it's doing just fine.
Replies (1)
-
@brucethemoose@lemmy.world 2026-01-11 03:30
Valve’s margins are almost criminal as-is. They make cash hand over fist, and they’re basically a monopoly already. …So not much might actually change, at least at first? But this why they don’t *need* to go public. They have plenty of cash. And it’d just shrink the slice of profit Valve’s owners get. Still, even private, I’m afraid of what Steam might look like if big competitors like EGS and Microsoft footgun themselves out of the market, and GoG fades away due to their DRM-free policy.