this post was submitted on 16 Nov 2025
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We are so used to billionaires being obnoxious assholes that one that isn't obnoxious about their billions feels like one of the good ones, I guess.
He made his money (like any other billionaire) by overcharging and underpaying. He wastes his money on useless bullshit like any other billionaire. But he's not obnoxious about it, which causes people to just ignore the part about billionaires that's actually bad (the way they became billionaires).
He charged less than others and pays better than others.
Valve also can't take much of a lower cut on game sales because their current cut is the market average and valve would get in legal trouble for monopoly practices and unfair competition because they're already so much more popular than the few competitors they have. What Gabe could do is give money away and be like alteuistic.
How come Epic can charge 12% then? I believe there was some thresholds at some numbers of sales also even for steam? Like if you sold a million you pay 20% or something?
Has Epic become profitable yet? I vaguely remember the plan being for it to become profitable later, and that it was living off Fortnite money.
Steam could just charge at most 20% then though, I don't remember what the thresholds/conditions for different costs like 30% and 18% are.