this post was submitted on 17 Oct 2023
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[–] blunderworld@lemmy.ca 17 points 1 year ago (1 children)

Valve opened in the late 90s and is privately owned. Never say never where corporations and capitalism are concerned... But hopefully they wont take the evil google approach this late in the game. I think good will from their customers really sets them apart from competitors like Epic.

[–] Cylusthevirus@kbin.social 23 points 1 year ago (1 children)

I feel like most of it is private ownership. The minute you enter the CEO/Board of Directors ecosystem with investors to pay and expectations of eternal growth, everything turns to shit.

Yup, can confirm. The company I work for is public, and we recently did layoffs despite being profitable, because we weren't as profitable as we projected. That's the kind of nonsense you get from public companies. I suppose it could happen with private companies as well, but my experience having worked for both doesn't fit with that.