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Gabe Newell caps off Steam Machine week by taking delivery of a new $500 million superyacht with a submarine garage, on-board hospital and 15 gaming PCs (www.pcgamer.com)

submitted 3 days ago by misk@piefed.social to c/games@sh.itjust.works

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[–] voytrekk@sopuli.xyz 4 points 3 days ago (3 children)

I think the underpaying would be not having nearly as many employees as similar sized companies. They could have several divisions producing games while also developing their hardware and software. He has been happy to make changes at a slower pace while their store keeps taking large cuts of each sale.

[–] overload@sopuli.xyz 9 points 3 days ago

I suppose so, but maybe they don't want to grow too large. Microsoft absolutely devouring studios the last few years has not produced any truly great games. Valve clearly know how to make a good game still, when they want to.

[–] dogs0n@sh.itjust.works 6 points 3 days ago

More developers doesn't always means faster shipping of products, but it can lead to disconnected and soulless releases.

Valve only release something new when it makes sense to or they have an innovation that means it makes sense to.

They don't really work at a slow pace in my opinion, it's just you may not always see constant changes in one part of their products all the time because of how the engineers work (freedom to work on whatever).

Probably for the best they aren't hiring thousands of people to pump out random stuff that is only there to make money. They make stuff that makes sense.

[–] squaresinger@lemmy.world -2 points 3 days ago (1 children)

They could pay their employees double. Or even quadruple.

But they don't because Gabe needs another yacht.

[–] voytrekk@sopuli.xyz 4 points 3 days ago (1 children)

I don't think its necessarily how much he pays his employees. The larger issue is that the tax rate at the top isn't high enough.

[–] squaresinger@lemmy.world 0 points 3 days ago

It's all of it. He takes too much for the services he offers. He gives too little to his employees. He isn't taxed enough for what remains.

It makes sense that people can earn a few multiples over the median for working hard and maybe also for taking risks.

It makes no sense that people can earn a million time as much as the median by not working hard and never facing actual risks.