I’m sorry…ppl thought this was real? They paid like 60 something billion for blizz. VALVE is EASILY worth that, if not double.
Also Gabe hates Microsoft, and Valve is a private company so he doesn’t have to sell.
I fear the day that man dies. I hope I have lost interest in gaming at that point.
I’m assuming there will be a willy wonka style competition to determine his heir any day now
That’s exactly what Half Life 3 will be.
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$12b seems far too low by that comparison. 30% of all games sales would be an outrageous annual figure.
Obviously this is fake, but if it was spinning off steam from the game developer, then maybe?
If steam is included, 12b is a joke, if just valves game rights, meaning HL and CS, then the price is not THAT stupid (still quite).
Maybe this would be the way go get HL3, it would ofc be horrible cashgrab, but HL3 would be out.
Edit: bit details, in 2021 Valve had $10b revenue from steam, and $3b revenue from other sources (heh, source, get it)
Steam has to be worth a lot more than 12 billion.
Considering what they paid for bethesda and co (7.5 bil) they should at least pay 100 bil.
They (estimations by random pages) already made a billion in revenue from cs cases in 2023.
No way they are <70 bil for the cash cow Steam is in comparison to ABK.Steam basically IS PC gaming, and probably has more active users than Xbox or Playstation, maybe even combined. There’s no way it’s worth any less than Activison Blizzard
I will be happily surprised if you prove me wrong but a quick Google search suggested all three have around 120 million active users monthly
Jesus christ what a nightmare suggestion. That would be the death of the last good site on the internet. The enshittification they would inflict upon us as they fire all the senior staff, “legally” and onesidedly change all the contracts you’ve signed without your consultation, prune content, discontinue support for features and gear (byebye linux users), and increase their cut of dev’s pie - it’d be truly legendary. Legenshitty, that’s how bad it would be.
Thousands would board the ships again. The stability of steam is a huge reason why I often buy games
That would likely also destroy the entire indie dev economy. I highly doubt Microsoft would price things in such a way that continues making it viable for small or single person development teams to make profit.
I’m sure the biggest reason they want to buy it is so they can try to put a stop to gaming on Linux. The prospect of putting windows-only anticheat in the steam client and steam runtime probably has Microsoft executives foaming at the mouth.
At this point I wanna fucking die
Meh, the world is hell, but the games are cool and you can always just steal shit from the people who obviously don’t deserve your money. Really, everyone ought to be doing that on principle, to help bring them down, but try explaining actual morality to the church crowd lol
“Valve would rather disintegrate than sell out” I think that was their answer to rumours of an EA acquisition of Valve, and it seems to stay true to this day
Bandcamp used to be like that, ultimately it is a fundamentally empty promise, someday sooner than you think it will happen to valve. Enjoy it while it lasts but lets keep a keen eye on the future.
It’ll probably happen when GabeN dies or retires.
Hopefully long down the road, it’s just especially after Bandcamp it’s fresh in my mind that this is never a guarantee.
Tim Schafer on why he sold out: “What if I had… a lot of money”.
Where’s Double Fine now?
Kellogg’s Cereal is not buying Raytheon Aerospace.
-equivalent headline
I’d believe in a Raytheon Kellogg’s merger before I believed GabeN would sell to M$
SpaceX will not be selling itself to Boeing, surprising absolutely nobody
The rag called metro making news from random stuff again, I see. This is not even news. It’s literally “reporting” that something is not happening.
Like this: “Intel not buying AMD for 6B$” Industry insiders report that Intel has decided not to buy their rivals for 6B$. The CEO of AMD has reportedly stated having no interest in selling to Intel. Their spokesperson, when confronted with this breaking news, replied “WTF have you been smoking, Pringles?” We will continue to report on this story as it continues to develop.
They are just covering what a rando on Xitter is saying. Sadly this is the news cycle nowadays:
Unverified / unknown person posts a claim on X > “news” websites write a 6 paragraph article about this single post
And instead of being critical, people just gobble up anything as if it was true.
Metro is owned by the Daily Mail Group, which is why they’re so shit. It’s an output for news-esque shitposting.
There was some brief hullabaloo where some nobody on Xitter claimed M$ was considering the buying Valve for 12B$. No sources, no credibility, but some news sources started talking about it like it was news.
I hearby announce that I am also not buying Valve & Counter-Strike for £12 billion. You heard it here first!
Thanks for the info. I totally assumed you were a rich billionaire mogul.
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Did GOG sell out particularly horribly?
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But to be fair, that’s kinda hard for those old games and it still runs with wine.
That being said, valve is an ally of the Linux community. There are almost no companies that can be trusted, but valve is one of them.
Privately held. That means there’s a chance that someone can go good with it.
It’s not an overly sustainable service at the scale it is running.
valve is a fucking money printer
honestly would be funny if valve bought microsoft instead
(edit: typo and clarification)
Microsoft sits on an incredible amount of cash. I’ve read that they could do nothing for a ridiculous time period like 50 or 100 years and still not go bankrupt.
As lucrative as Valve and Steam may seem to buy, even for 10x that amount, any analyst who is realistic about suggesting the purchase to another company would know that it isn’t worth it. Not that it’s a bad buy, but whoever can afford to buy it likely could not help themselves but fuck it up and run the whole operation to the ground.
I agree with you and that works in a sane economy. Thank fucking Christ that Elon isn’t a big gamer…
You can tell from his Elden Ring build.
Elon was able to buy Twitter because it’s public, and it wasn’t making money.
Valve is a privately owned company, and I have a feeling they care a little about what they’re doing.
Lol yea, I forgot what timeline we’re living in
Next in the news “water is wet”.
So no Win11-only compatibility and copilot bloatware in Steam? What a sad day 🙁
12bil for steam? Nah man, its probably triple than that.
Activision, which is like Valve’s slower and far less intelligent cousin, sold for $59B. Valve would be worth orders of magnitude more than that.
It was 69B
Yeah, I now realize the article was talking £ not $
Never thought they were.
I really hope the FTC would block that (if it were to actually happen)…