• LoafyLemon
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    519 months ago

    Gabe Newell quit working for Microsoft before Windows 3.0 was released. Valve is an employee-owned private company, Gabe Newell ensured that even after his passing, Valve stays true to their roots as long as there’s the majority of employees sharing his ideals.

    • @rambaroo@lemmy.world
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      49 months ago

      No, that’s not how it works. You have no idea how valves shares are spread out and neither does anyone else outside the company. Just because Valve employees own shares does not mean their votes are all equal, in fact they almost certainly aren’t.

    • TWeaK
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      29 months ago

      Employee owned businesses are something else, Valve is just a regular privately owned business, one that the owner works for and takes a salary from.

      Employee owned businesses are owned by all of the employees, collectively, with a slightly more democratic decision making process. The CEO still makes the decisions, but employees have a right to have their input heard as shareholders. With Valve, Gabe has the final say on everything.