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this post was submitted on 01 Dec 2024
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If Valve went public Newell could exit with a golden parachute equitable to the GDP of Germany.
He kept it private and kept >50%. He is responsible for the mostly decent business practices Steam has simply because he has the final say on all policy.
That's not saying he can't fall from grace, but the guy seems to care considerably more than the operators of every other digital storefront aside from maybe GOG.