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  2. PC Gaming
  3. Valve makes almost $50 million per employee, raking in more cash per person than Google, Amazon, or Microsoft — gaming giant's 350 employees on track to generate $17 billion this year

Valve makes almost $50 million per employee, raking in more cash per person than Google, Amazon, or Microsoft — gaming giant's 350 employees on track to generate $17 billion this year

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  • T This user is from outside of this forum
    T This user is from outside of this forum
    thedudev2@lemmy.ca
    wrote on last edited by
    #76

    Buddy. Take a breath for a moment. I mean this constructively; it’s an opportunity to learn.

    What you’ve just said here is essentially this:

    1. Some journalists sometimes make errors.
    2. Therefore I choose to make an interpretive error.

    Please remember, we all make errors (myself included). The best of us learn from them.

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    • N nyctre@lemmy.world

      Doubt it. But, for what it’s worth, last I heard, valve was one of the most sought after employers in the business. Apparently the salaries are generous and you get to work on whatever you want, not on what a manager tells you to.

      S This user is from outside of this forum
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      skunkworkz@lemmy.world
      wrote on last edited by
      #77

      If I remember correctly they have performance based bonuses

      1 Reply Last reply
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      • T thedudev2@lemmy.ca

        Buddy. Take a breath for a moment. I mean this constructively; it’s an opportunity to learn.

        What you’ve just said here is essentially this:

        1. Some journalists sometimes make errors.
        2. Therefore I choose to make an interpretive error.

        Please remember, we all make errors (myself included). The best of us learn from them.

        N This user is from outside of this forum
        N This user is from outside of this forum
        njm1314@lemmy.world
        wrote on last edited by
        #78

        Not just that but I mean journalism geez. I can’t think of a profession that has had more of a fall from grace in the last 20 years. Furthermore the implication here is video game journalism, which has always been the lowest form of Journalism.

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        • appoxo@lemmy.dbzer0.comA appoxo@lemmy.dbzer0.com

          Go do your own game shop with the feature set of steam.
          We have seen how well that was executed with Epic.

          I wouldnt even call the GOG implementation bad but it obviously lacks the PR in comparison (+ games like CP2077 are also available on Steam)

          G This user is from outside of this forum
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          grimy@lemmy.world
          wrote on last edited by
          #79

          You could defend Amazon with that logic. the fact that the barrier of entry is high is exactly what let’s Steam, Microsoft, Sony and Nintendo abuse of their soft monopoly.

          Nothing justifies owning a billion dollars worth of of boats.

          appoxo@lemmy.dbzer0.comA 1 Reply Last reply
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          • G This user is from outside of this forum
            G This user is from outside of this forum
            grimy@lemmy.world
            wrote on last edited by grimy@lemmy.world
            #80

            Amazon doesn’t either. Most of the arguments defending Steam can easily apply to every other “bad” company.

            The only thing that differentiates steam is their marketing budget targeting small forums and Reddit.

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            • Z zorque@lemmy.world

              Again, implying gross profit, not net. It didn’t say “makes” 50 million profit. You are inferring something that is not otherwise implied.

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              S This user is from outside of this forum
              skeptomatic@lemmy.ca
              wrote on last edited by
              #81

              Nah he’s right. Nobody buys a widget for 5 bucks and sells it for 10 bucks and says, “I made 10 bucks”. By your rational I could buy a car new for 25 grand, sell it 10 years later for 12 grand and say I “made” 12 grand off it.
              “Make” has typically implied profit for as long as I can remember.

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              • TheTechnician27T TheTechnician27

                That tends to happen when you have a monopoly on an industry where you get 30% of the revenue from other people’s hard work.

                Z This user is from outside of this forum
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                zippy
                wrote on last edited by
                #82

                I wouldn’t describe it as a “monopoly” per say. I’d describe it as “all of the competition is filled with idiots”:

                newell competition shooting themselves in the foot

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                • G grimy@lemmy.world

                  Amazon doesn’t either. Most of the arguments defending Steam can easily apply to every other “bad” company.

                  The only thing that differentiates steam is their marketing budget targeting small forums and Reddit.

                  W This user is from outside of this forum
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                  warm
                  wrote on last edited by
                  #83

                  I never mentioned Amazon, but it’s really no comparison, even the FTC in the USA has filed suits against them for monopolistic and illegal behaviour.

                  Ive never seen an advert for Steam myself, outside of on their own platform or a video on their own YouTube channel. They sell largely through word of mouth. I suppose recently they offered journalists to visit their HQ to show off their new hardware.

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                  • N njm1314@lemmy.world

                    It’s not misleading, you’ve just purposely ignored the meaning of the words to instead imply your own.

                    H This user is from outside of this forum
                    H This user is from outside of this forum
                    hzl
                    wrote on last edited by
                    #84

                    Is this fun for you?

                    1 Reply Last reply
                    3
                    • U ugurcan@lemmy.world

                      Then again, somehow I don’t expect Valve’s expenditures are that high, except download server costs.

                      crypt0cler1c@infosec.pubC This user is from outside of this forum
                      crypt0cler1c@infosec.pubC This user is from outside of this forum
                      crypt0cler1c@infosec.pub
                      wrote on last edited by
                      #85

                      People are the biggest cost for sure. Then servers probably.

                      1 Reply Last reply
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                      • G This user is from outside of this forum
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                        grimy@lemmy.world
                        wrote on last edited by grimy@lemmy.world
                        #86

                        Valve has lawsuits in the work, although not from the FTC. The fact is Valve is just slightly above the other companies, but it’s a very low bar and that doesn’t negate their very real effect on the industry.

                        I bring up Amazon because your arguments apply to them. If I told you Bezos deserves all his wealth because he has a better platform then his competitors (all three of them) and offers an easy to use website with cheap delivery, you would probably call me a bootlicker.

                        All billionaires and their profit making machines are bad, no exceptions imo.

                        A W 2 Replies Last reply
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                        • alessandro@lemmy.caA alessandro@lemmy.ca
                          This post did not contain any content.
                          I Cast FistI This user is from outside of this forum
                          I Cast FistI This user is from outside of this forum
                          I Cast Fist
                          wrote on last edited by
                          #87

                          The business hive mind cannot comprehend a company making so much money without shareholders demanding line go up every hour

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                          • M This user is from outside of this forum
                            M This user is from outside of this forum
                            majorasterriblefate@lemmy.zip
                            wrote on last edited by majorasterriblefate@lemmy.zip
                            #88

                            I “make” my gross pay. I don’t really talk about “making” my net pay. I don’t much think about my net pay, outside of actual budgeting.

                            1 Reply Last reply
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                            • G grimy@lemmy.world

                              Valve has lawsuits in the work, although not from the FTC. The fact is Valve is just slightly above the other companies, but it’s a very low bar and that doesn’t negate their very real effect on the industry.

                              I bring up Amazon because your arguments apply to them. If I told you Bezos deserves all his wealth because he has a better platform then his competitors (all three of them) and offers an easy to use website with cheap delivery, you would probably call me a bootlicker.

                              All billionaires and their profit making machines are bad, no exceptions imo.

                              A This user is from outside of this forum
                              A This user is from outside of this forum
                              alsimoneau@lemmy.ca
                              wrote on last edited by
                              #89

                              Valve employees aren’t pissing in bottles. Amazon also does a bunch of shitty things on their marketplace (Amazon basics) and killed all the competition.

                              There’s a huge difference in ethics here.

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                              • Chloé 🥕C Chloé 🥕

                                steam has a 75% marketshare of PC games distribution in the US. the 2nd biggest player, epic games, has a market share estimated from 3% to 7,5%. i can’t find data for steam’s market share outside the US, but i’d expect it to be even higher.

                                if google can be considered to have a monopoly on web browsers with 73% of the marketshare, even as alternatives (like safari, 13%) exist, i don’t see why steam wouldn’t count as well.

                                A This user is from outside of this forum
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                                alsimoneau@lemmy.ca
                                wrote on last edited by
                                #90

                                Now include consoles and phones.

                                F 1 Reply Last reply
                                1
                                • A alsimoneau@lemmy.ca

                                  Valve employees aren’t pissing in bottles. Amazon also does a bunch of shitty things on their marketplace (Amazon basics) and killed all the competition.

                                  There’s a huge difference in ethics here.

                                  G This user is from outside of this forum
                                  G This user is from outside of this forum
                                  grimy@lemmy.world
                                  wrote on last edited by grimy@lemmy.world
                                  #91

                                  There is a difference in the problematic being caused, not the ethics. The soft monopoly they all enjoy together as a group (Valve, Microsoft, etc) is having an effect on the industry. We as consumers get worst quality games in the end, because 30% of profits go directly to a few hosting companies. A lot of indie companies would still be around if the game store club wasn’t insanely greedy and artificially keeping such a huge part of the pie.

                                  If it wasn’t the same, Gaben wouldn’t own a handful of boats worth a combined 1 000 000 000 $. That is 9 zeros for boats.

                                  A 1 Reply Last reply
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                                  • G grimy@lemmy.world

                                    Valve has lawsuits in the work, although not from the FTC. The fact is Valve is just slightly above the other companies, but it’s a very low bar and that doesn’t negate their very real effect on the industry.

                                    I bring up Amazon because your arguments apply to them. If I told you Bezos deserves all his wealth because he has a better platform then his competitors (all three of them) and offers an easy to use website with cheap delivery, you would probably call me a bootlicker.

                                    All billionaires and their profit making machines are bad, no exceptions imo.

                                    W This user is from outside of this forum
                                    W This user is from outside of this forum
                                    warm
                                    wrote on last edited by warm@kbin.earth
                                    #92

                                    You are arguing something different. We all agree billionaires shouldn’t exist. You don’t need to try to topic flip to try and let us know. This was simply a discussion about the term monopoly and it’s definition.

                                    1 Reply Last reply
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                                    • F This user is from outside of this forum
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                                      FishFace
                                      wrote on last edited by
                                      #93

                                      Paying people to promote your stuff is not an abuse of monopoly position, because Duckduckgo is perfectly capable of doing the same thing.

                                      Abuse of monopoly position would be leaning on search results to promote Chrome or Android (for example). And they have been caught doing some anti-competitive shit.

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                                      • A alsimoneau@lemmy.ca

                                        Now include consoles and phones.

                                        F This user is from outside of this forum
                                        F This user is from outside of this forum
                                        FishFace
                                        wrote on last edited by
                                        #94

                                        You can analyse markets at different levels.

                                        1 Reply Last reply
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                                        • B Bob Robertson IX

                                          You are equating “monopoly” with “abusive monopoly.”

                                          No, I’m not. I’m saying they aren’t a monopoly by the simple fact that they aren’t the only providers of the service they sell. And while they are currently in a position to use their power to make themselves a monopoly, they are not doing that and instead are playing fair with their competition.

                                          F This user is from outside of this forum
                                          F This user is from outside of this forum
                                          FishFace
                                          wrote on last edited by
                                          #95

                                          I refer you to the other comment subthread where I mentioned textbook examples of monopolies which had 80-odd percent market share, you asked me if Steam had that, I said yes, and then you went quiet.

                                          Don’t bring up points that you were already challenged on and had no reply to - it’s lying, because you already know it’s wrong.

                                          B 1 Reply Last reply
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