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this post was submitted on 10 May 2024
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TIL Valve has a poison pill clause. Cool.
I don't know that they have a poison pill clause but Gabe is a billionaire who doesn't seem to have interest in having external people direct the company. Thanks to Steam, valve can do what it wants. There is little benefit for them to go public given the extra scrutiny that comes with being a public company.
Yeah, I love Gabe, and I love Steam. Even if it was created because he dropped that installation disk on the floor.
My dream is that the poison pill thing becomes very effective and very common, and I think some folks kind of missed the nuances. Which is fine, that's why we have a forum to hash this stuff out.