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  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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  • 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.

    T This user is from outside of this forum
    T This user is from outside of this forum
    Triumph
    wrote on last edited by
    #54

    Considering that I’ve seen conflation of revenue and profit from actual journalists, I stand by my previous statement.

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    11
    • B This user is from outside of this forum
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      Bob Robertson IX
      wrote on last edited by
      #55

      Treat customers right and you get rewarded. They are the majority market shareholder because they have earned it, not through deceptive business practices but through being a great company.

      If they were a monopoly they wouldn’t allow other game catalogs on their systems, yet I have GOG and Epic on my Steam Deck. In fact, there isn’t even a requirement for me to have Steam on my Steam Deck. Just because a company is the market leader doesn’t mean they got there through unethical means.

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      • D dukemirage@lemmy.world

        If I want my game to sell I have to release on Steam, though.

        B This user is from outside of this forum
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        Bob Robertson IX
        wrote on last edited by
        #56

        I know! There’s this great game called Fortnite that no one has ever heard of because you can’t get it on Steam. /s

        D 1 Reply Last reply
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        • P prole@lemmy.blahaj.zone

          Do they have any kind of profit sharing program?

          I’d be kind of pissed if I worked there and made like $70k or whatever, only to read this shit.

          JyekJ This user is from outside of this forum
          JyekJ This user is from outside of this forum
          Jyek
          wrote on last edited by
          #57

          Their lowest paid employees still very likely make 6 figures. Valve has historically taken very good care of their employees.

          1 Reply Last reply
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          • alessandro@lemmy.caA alessandro@lemmy.ca
            This post did not contain any content.
            appoxo@lemmy.dbzer0.comA This user is from outside of this forum
            appoxo@lemmy.dbzer0.comA This user is from outside of this forum
            appoxo@lemmy.dbzer0.com
            wrote on last edited by
            #58

            Not hard, if you don’t have 20k employees.

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            • B Bob Robertson IX

              And Steam controls 80%-90% of the video game market?

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              FishFace
              wrote on last edited by
              #59

              of the PC video game market, yes.

              1 Reply Last reply
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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.

                appoxo@lemmy.dbzer0.comA This user is from outside of this forum
                appoxo@lemmy.dbzer0.comA This user is from outside of this forum
                appoxo@lemmy.dbzer0.com
                wrote on last edited by
                #60

                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)

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                • B Bob Robertson IX

                  Treat customers right and you get rewarded. They are the majority market shareholder because they have earned it, not through deceptive business practices but through being a great company.

                  If they were a monopoly they wouldn’t allow other game catalogs on their systems, yet I have GOG and Epic on my Steam Deck. In fact, there isn’t even a requirement for me to have Steam on my Steam Deck. Just because a company is the market leader doesn’t mean they got there through unethical means.

                  F This user is from outside of this forum
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                  FishFace
                  wrote on last edited by
                  #61

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

                  Google got its monopoly in internet search by being better than the competition. It’s still a monopoly, even though it mostly plays by the rules.

                  W B 2 Replies Last reply
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                  • D dukemirage@lemmy.world

                    If I want my game to sell I have to release on Steam, though.

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                    truscape@lemmy.blahaj.zone
                    wrote on last edited by
                    #62

                    Hey look, the contrarian is back! Wow! I thought you would take some time to reflect after your wack takes.

                    D 1 Reply Last reply
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                    • N This user is from outside of this forum
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                      njm1314@lemmy.world
                      wrote on last edited by
                      #63

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

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                      • B Bob Robertson IX

                        I know! There’s this great game called Fortnite that no one has ever heard of because you can’t get it on Steam. /s

                        D This user is from outside of this forum
                        D This user is from outside of this forum
                        dukemirage@lemmy.world
                        wrote on last edited by
                        #64

                        It did well because EGS is so great /s It’s obviously the exception.

                        1 Reply Last reply
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                        • S stupidcasey@lemmy.world

                          It is actually very well established:

                          https://link.springer.com/article/10.1007/s11211-008-0063-2

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                          ScienceDirect

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                          Equity theory - Wikipedia

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                          Motivation crowding theory - Wikipedia

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                          When Do Financial Incentives Reduce Intrinsic Motivation? Comparing Behaviors Studied in Psychological and Economic Literatures

                          Objective: To review existing evidence on the potential of incentives to undermine or “crowd out” intrinsic motivation, in order to establish whether and when it predicts financial incentives to crowd out motivation for health-related behaviors. ...

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                          PubMed Central (PMC) (pmc.ncbi.nlm.nih.gov)

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                          ScienceDirect

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                          https://www.bsfrey.ch/wp-content/uploads/2021/08/crowding-effects-on-intrinsic-motivation.pdf

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                          falsewhite@lemmy.world
                          wrote on last edited by
                          #65

                          The research is mostly about overpaying, not high but equal pay for everyone doing the same job. It happens when people compare their effort to others’ and if they feel over-rewarded it can actually lead to two outcomes:

                          • Increasing effort to justify it, or
                          • reducing effort

                          And the evidence is actually mixed between the two outcomes, because different people respond differently to different incentives, like flexibility, holidays, etc.

                          Equity theory mostly applies only when the work is measurable and the teams/individuals compare themselves constantly.

                          IMO this can be solved by better management and equal pay for equal work/skillset.

                          There are also other incentives that can crowd out internal motivation, such as surveillance, pressure, inequality. But obviously management doesn’t want to talk about those, much more profitable to reduce the pay.

                          High pay alone doesn’t really trigger crowding out.

                          I still maintain my position that this is largely a management and greed issue. And high and equal pay alone doesn’t create a lazy, zombie workforce.

                          Here’s some studies and theories arguing the opposite:

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                          Do financial incentives help or harm performance in interesting tasks? - PubMed

                          There continues to be disagreement about whether financial incentives help or harm performance, especially in interesting tasks. Although the Jenkins, Mitra, Gupta, and Shaw (1998) meta-analysis finds a positive effect of incentives, including in interesting tasks (reported ρ ^ = +.34; our computed …

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                          Efficiency wage - Wikipedia

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                          https://wol.iza.org/uploads/articles/275/pdfs/efficiency-wages-variants-and-implications.pdf

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                          • T truscape@lemmy.blahaj.zone

                            Hey look, the contrarian is back! Wow! I thought you would take some time to reflect after your wack takes.

                            D This user is from outside of this forum
                            D This user is from outside of this forum
                            dukemirage@lemmy.world
                            wrote on last edited by
                            #66

                            I don‘t think it’s very contrarian or whack to acknowledge the fact that I may need to sell on the biggest platform if I want my game to do well.

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                            • D dukemirage@lemmy.world

                              I don‘t think it’s very contrarian or whack to acknowledge the fact that I may need to sell on the biggest platform if I want my game to do well.

                              T This user is from outside of this forum
                              T This user is from outside of this forum
                              truscape@lemmy.blahaj.zone
                              wrote on last edited by truscape@lemmy.blahaj.zone
                              #67

                              I’m referring to your prior comments and history speaking in communities. The most recent one I remember involved Portal, Half-life, and counterstrike.

                              You’re not at Lembot_0005 level comments yet tho, so that’s good.

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                              • B Bob Robertson IX

                                And Steam controls 80%-90% of the video game market?

                                Chloé 🥕C This user is from outside of this forum
                                Chloé 🥕C This user is from outside of this forum
                                Chloé 🥕
                                wrote on last edited by
                                #68

                                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.

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                                • P prole@lemmy.blahaj.zone

                                  Do they have any kind of profit sharing program?

                                  I’d be kind of pissed if I worked there and made like $70k or whatever, only to read this shit.

                                  N This user is from outside of this forum
                                  N This user is from outside of this forum
                                  nyctre@lemmy.world
                                  wrote on last edited by
                                  #69

                                  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 1 Reply Last reply
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                                  • U This user is from outside of this forum
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                                    ugurcan@lemmy.world
                                    wrote on last edited by
                                    #70

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

                                    crypt0cler1c@infosec.pubC S 2 Replies Last reply
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                                    • F falsewhite@lemmy.world

                                      I wonder if they’re also getting paid more or does greedy Gabe just take it all to fund his mega yachts.

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                                      generalemergency@lemmy.world
                                      wrote on last edited by
                                      #71

                                      Hey that’s not fair.

                                      Gabe is also spending all that money on Aston Martins Valkyries to race around the world.

                                      1 Reply Last reply
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                                      • F FishFace

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

                                        Google got its monopoly in internet search by being better than the competition. It’s still a monopoly, even though it mostly plays by the rules.

                                        W This user is from outside of this forum
                                        W This user is from outside of this forum
                                        warm
                                        wrote on last edited by
                                        #72

                                        No, Google pays off other browsers to use Google as the default search engine, among many other actual monopolistic practices. Steam does none of that and simply provides a product.

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                                        • T truscape@lemmy.blahaj.zone

                                          I’m referring to your prior comments and history speaking in communities. The most recent one I remember involved Portal, Half-life, and counterstrike.

                                          You’re not at Lembot_0005 level comments yet tho, so that’s good.

                                          D This user is from outside of this forum
                                          D This user is from outside of this forum
                                          dukemirage@lemmy.world
                                          wrote on last edited by
                                          #73

                                          Yes, harassing users without context based on previous comments in other threads is much more valuable for a community. I don’t even remember having contrarian opinions about Portal or Half-Life, they are my favourite series‘.

                                          1 Reply Last reply
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