Post #3294219

2026-06-03 16:28 UTC

So much wrong with this. Gabe pays his extremely small workforce very well while keeping the lions share for himself. At 300-400 employees getting paid 300k on average, that is only around one hundred million in total payroll compared to 17 billion in revenue. Gabe is in no way a good guy here. He could afford to pay his workers a cool million a piece and his payroll would still be a fraction of revenue. Wild conjecture about how much Gabe is trickling down his wealth has got to be one of the lamest excuses I have ever seen. There is no such thing a good billionaire despite your wish Gabe is. We already determined Gabe is not giving the money to the people who do the work, he is giving them a small fraction, less than 1%. If you think for a second Gabe is not taking advantage of every tax loop hole his high paid accountants can find you are fucking crazy. He is definitely doing everything he can to avoid paying taxes. Gabe has a monopoly. He has not used this to increasingly provide cheaper services like a corporation in competition would. Steam’s cut should have went down over time if there was good competition. I personally think anything above 10% for a digital platform is crazy.

Replies (2)

@imahappyguy@lemmy.world 2026-06-03 18:44

Yes, salaries whatever. Who gives a shit about salaries when there are stocks available for employees. Employees get dividends from those stocks. If there was $17B in revenue, and just $1B of that went through dividends, that means $500M is going to the employees. Because Gabe owns half, because he founded the company. Depending on how many shares someone has, which is most likely tied to how long you’ve been at the company, you rake in money. I know, cause I worked for a large corporation that did that same thing. My buddy who’s still there is pulling $30k/year alone on that. Granted, that company has a much lower revenue:employee ratio. Valve is at the top of this category. So yeah, people who invest time and work into Valve make bank. As they should.

Open ##3294218
@CileTheSane@lemmy.ca 2026-06-04 14:48

Gabe has a monopoly. Had me in the first half, lost me here. Offering a decent service while everyone else shoots themselves in the face does not make it a monopoly.

Open ##3300139