All billionaires are bad.
this post was submitted on 16 Nov 2025
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Would bet cash money this article was sponsored by Tim Sweeny, who is also a billionaire lol.
Not saying this excuses Gabe Newell in any way, but this was made purely to attack Valve's newly announced product.
They had no issue when a billionaire with an order of magnitude more wealth than both Tim or Gabe went around advertising his shitty Amazon MMO:
It's impossible to say where New World will be in a year, whether it will be on the road to obscurity or finally giving World of Warcraft something to sweat about, but right now it's a huge success that validates the commitment and patience Amazon has taken with it. Bezos may not have had a direct hand in its creation, but as the person who greenlighted Amazon's foray into gaming more than a half-decade ago, you can understand his pride in it.
He should probably be taxed more
He bought that off the tears of teenagers not getting the knife they wanted over and over and over again. Scumbag.
Well that's not fair, a lot of his money also comes from scammers laundering stolen credit card funds through steam game keys.
Well, hold on, while that industry is indeed scummy, Valve doesn't ever see a cut of it, do they?
Valve allows developers to print their own Steam keys, and takes a 0% cut of them. Game devs use that opportunity to sell the keys to legitimate key sites, which take less of a cut than Steam does, but offer no refund guarantees or other support. Then, credit card thieves buy those keys using stolen cards, and resell them on illegitimate key sites.
So in summary, as long as Valve doesn't take a cut on that key generation, they don't directly profit. They just keep allowing key generation to allow game devs a bit more freedom in sale.
Why is everyone acting surprised, this has been Gabe's thing for a long time? He's super into boats and submarines and owns a submarine company or something like that. i think I'm burned out from the news cycle, getting outraged by this just feels like a waste of my emotional energy that I could spend somewhere it will matter.
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that moment when the One Good Billionaire™ casually orders a boat that costs several times more money than most of us will ever see in our lifetimes 🙃
i get that there's worse out there but i'm tired of people acting like newell is a saint... he's just another billionaire.
People need to remember a lot of the pro-consumer things that Valve has ever done were things they were forced to by regulation.
Like being able to return games? That was to comply with an Australian law, and it was just easier to implement it for everyone than just do it for Australia specifically.
I like Valve more than most companies, but exactly, they are not Saints by any measure.
In general, I think being decent to customers is a business strategy, because the barrier to entry for a Steam competitor is nearly non-existent, and there's always piracy. Still, capitalism working the way it's "supposed to" is still capitalism.
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I never understood the appeal of anything rich people like. A yacht? An HOA? A supercar? These don’t appeal to me at all. If given them I would hate them.
I mean it might be fun to buy a politician but otherwise it sounds boring.
I mean yachts seem to be his hobby, he has several. Idk, they can be kinda cool, but only in retirement and on vacations. Day to day, completely useless and cost a lot of money to maintain even when not used. And I don't think megayachts are as cool as smaller ones because part of the appeal to me is to get away from everyone. I wouldn't want 100 people on my yacht. Maybe 4-5 of my closest friends, but you can do that with a yacht costing two orders of magnitude less (and even that is if you want a passagemaker. Something that doesn't have to be able to cross the ocean can be had for well under a million I think)
Supercars are fun IF you track them. Wouldn't want to drive one in traffic. Much prefer a luxury car for that if I was rich. Of course I think any rich person who owns supercars and hypercars, also has luxury cruisers to waft around in (or to be wafted around in).
HOAs I'll never get. Fuck anyone who thinks they can impose rules on what I do with my own yard.
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Same. I'd probably build a giant dog park, giant playground for kids, lots of natural trails, etc. make it all free.
Build shelters for anyone to use, garages where people could work on their cars safely and out of the elements, bike repair stations, things like that.
Farmers markets with real prices, completely remove all investors and profit hell, just back to basics. Healthcare too.
Fuck a super yacht. Tells you how selfish people are, completely unaware how they got where they are.
They could spend 10k/day and never spend all their money, not even a dent. Just selfish pricks. Bring the guillotine.
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Imagine having a dedicated yacht hospital for yourself when most can't afford decent healthcare. I hope people stop idolizing Gabe, he is just your run of the mill billionaire.
He does at least use his vessels for research via his company Inkfish. They map the ocean floor, discover new species, study different underwater environments etc. They actually hold world records for deepest manned dives of all 5 oceans.
Billionaires still shouldn't exist though of course (not /s)
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Dude, I thought you were cool.
Owning a yacht is like the lamest thing you could possibly do!
With the coolest things being feeding the hungry and housing the poor obviously.
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When I first glanced at the title, I got excited because I saw Steam Machine and $500. 😔
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I suppose we can be reassured that the Obscene Yacht industry is still going strong despite the cost of living crisis.
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Everyone on here acts like Gabe is THEIR billionaire, and Steam is THEIR capitalist billionaire corporation.
Gabe is a dirtbag and a thief by the sole virtue of being a billionaire. Nobody earns a billion dollars, you get it by stealing wages and time from the workers below you.
Steam is a dirtbag corporation as well, no matter how many fanboys try to sweep Steam’s history of fuckery under the rug
It turns out that things are complicated, and that a company that is pro consumer in so many ways that almost nothing else is can get praised for that and denigrated for doing predatory loot boxes.
And that a billionaire owner can get praised for maintaining a pro consumer company and denigrated for running a loot box racket and buying yachts. All at the same time.
It's so exhausting how people like you have to go on every thread and complain that people are happy about something instead of mad about everything, energy single time the company comes up.
sigh
You’re really going out of your way to baby face the corporation that would fuck and sell your kids if it made them a buck. It’s one of the sickest things about Americans, Their NEED to love and defend billionaires and brands. It’s demented. Gabe could be in the Epstein files and you would go all Megyn Kelly and defend him.
There’s nothing complicated about it, steam is a corporation out to milk you out of your money and so is Gabe.
Can't really do anything but roll my eyes at this ridiculous hyperboly
Go fuck your Gabe body pillow
Either you didn't read what I said originally, didn't understand it, or are just a sad troll at this point. I recommend touching grass
you get it by stealing wages and time from the workers below you
That and turning kids into gambling addicts.
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Gross.
The materials were also chosen with an eye on reducing maintenance and repetitive tasks for the yacht's staff, so traditional materials like teak decks and wooden handrails are out, and composite alternatives are in. The diesel-electric power plant works alongside a battery storage system that allows Leviathan to operate for long stretches with no emissions, and it also features an advanced wastewater treatment system.
On the one hand, it's nice that mr Newell seems to be reducing the footprint of their luxury yacht above and beyond most of what I have heard happens in the rest of the luxury yacht industry. On the other hand, I shudder to think of what the footprint for the manufacturing of this custom-designed, one-of-a-kind luxury yacht looked like. Not to mention 'composite' usually means some sort of plastic, so now there'll be one more thing spewing microplastics directly into the ocean...
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There was an article about a year ago posted to Reddit about how Gabe owns 6 yachts worth $1B. I called him out in the comments and got flamed by every gamer on the platform. It's crazy the mental gymnastics these simps do to defend others living like Gods.
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