Private Company Ownership

The internet's new obsession: Gabe Newell explaining why Valve defied big tech by staying a private company and…

Valve co-founder Gabe Newell's past comments on why the company remains privately held have resurfaced, resonating with a modern audience disillusioned by tech layoffs and 'enshittification.' Newell argued that private ownership allows Valve to prioritize employees and create value by hiring expensive talent, contrasting with the cost-cutting measures often seen at public companies like Microsoft and Meta.