xBCxRangers May 24, 2024 @ 6:04am
A thank you, to Mr Newell !!
Let me say from the onset, i have a reputation, an unfortunate one, of being "anti steam". I wish that wasn't the case. Being it's not the case at all. Wanting to make things better , does mean you're anti anything.

Idk if anyone can imagine being an oldtimer, a console player, being able to get access to some games i only wished i could play, but could not understand a PC (still can't), or in this house, afford one to play the games i want to play (unless my new name would have to changed to "Lone Ranger").

Mr Newell, along with Valve, Nvidia Ge Force Now, along with Xbox, has this old man having the time of his life, on his games.

As folks complain about these "bad times" in gaming, i'm fortunate enough to be having a blast. The best time i ever had, since the PS2 era.

That would not have happened, without the world Mr Newell has created. A world we on console, can only wish to have had games like this to play, only to be found here on the PC Platform.

Of the rumors swirling about the MS acquisition, rumors are rumors.

But what struck me in those rumors, was that Gabe Newell, has given up a good portion of his shares. Down to about 25%. If those rumors are true (and they may NOT be), he can be heading for the exits.

It is always wise to thank folks, before they are gone.

It's been a bumpy road on the Win 7 matter for me, yet, getting into June, we still have our games. I may have banned from a game hub, only to post on their official site. The moderation may stink. Other issues.

These are trivial, as compared to what Valve has afforded me, of hours of fun. That's what it's really about.

And so before it may be too late, THANK you, Mr Newell :steamhappy:
Last edited by xBCxRangers; May 24, 2024 @ 6:04am
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Showing 1-15 of 39 comments
Aachen May 24, 2024 @ 6:09am 
:gordon: You’re thanking Newell for his …. direct hand in these various matters?
xBCxRangers May 24, 2024 @ 6:36am 
Originally posted by Aachen:
:gordon: You’re thanking Newell for his …. direct hand in these various matters?

In a word, yes. Be it controller support and how that has evolved over the years. His partnership with Nvidia, that has his store being accessed, not just for people with low grade PCs, but Consoles and Phones alike.

His giving young developers, and small studios opportunities to create games (some of my favorites) no other platform would afford.

Steam Deck, that i have not participated in, but an undoubted success. I can go on.

These are matters that come from the top, and obvious that the intention, was to bring Steam and it's success, to others, many of which could not take advantage otherwise. And for that, the credit goes, to Mr Newell.
AmsterdamHeavy May 24, 2024 @ 6:43am 
How much of steam does gabe newell own?

According to the search results, Gabe Newell owns at least 50.1% of Valve Corporation, which operates Steam. Bloomberg Billionaires Index also estimates that Newell owns at least 50.1% of Valve, which is attributed to his control of the company and status as co-founder.

It is also mentioned in the search results that Newell’s ownership stake is not disclosed, and he is attributed 50.1% of Valve in this analysis to reflect his control of the company and status as co-founder.

So while not definitive, it is likely that GabeN still owns a controlling interest in Valve.
Last edited by AmsterdamHeavy; May 24, 2024 @ 7:14am
Princess Luna May 24, 2024 @ 7:15am 
Meh. If you want to thank Gaben you have to spend $1000 for steam games
rawWwRrr May 24, 2024 @ 7:55am 
Originally posted by Princess Luna:
Meh. If you want to thank Gaben you have to spend $1000 for steam games
That's a low threshold. Guess I need to find out where us big shots line up for our 1 on 1 with Gabe.
BOBTOMAS May 24, 2024 @ 8:38am 
It is also fortunate that VAlVe is not listed on the stock exchange. With such noises, stock market prices sometimes vary without a limit.

P.S. I'm sure something got lost in translation
Last edited by BOBTOMAS; May 24, 2024 @ 8:41am
Aachen May 24, 2024 @ 8:43am 
Originally posted by EFFE:
It is also fortunate that VAlVe is not listed on the stock exchange. With such noises, stock market prices sometimes vary without a limit ….

You mean that news, rumors and other information can impact share prices for publicly-traded companies, from which they’re spared since the company is not listed?
Last edited by Aachen; May 24, 2024 @ 8:43am
BOBTOMAS May 24, 2024 @ 8:44am 
Originally posted by Aachen:
Originally posted by EFFE:
It is also fortunate that VAlVe is not listed on the stock exchange. With such noises, stock market prices sometimes vary without a limit ….

You mean that news, rumors and other information can impact share prices for publicly-traded companies?
I think I've said that
Ogami May 24, 2024 @ 8:49am 
https://www.msn.com/en-ca/money/technology/microsoft-is-not-buying-valve-and-counter-strike-for-12-billion-unsurprisingly/ar-BB1mURF8

Completely made up by one guy on X/Twitter with no sources or any credibility.
But everyone rushed to spread it like a wildfire.

Also if you think Valve/Steam is only worth 16 billion when Microsoft had to pay 70 billion for Activion you straight up dont know how the business work.
Valve makes nearly a billion a year from lootboxes in CSGO ALONE + billions from ther 30% sale cut for each game.
Microsoft would need to offer considerably more then for Activision to aqquire Steam.
Plus Steam is not a traded company so they have no stocks to sell and Gabe Newell is on record multiple times saying that he will never sell Valve in his lifetime.

This is a complete non story spread by people who want attention, nothing more.

Edit: Fixed nonworking link.
Last edited by Ogami; May 24, 2024 @ 9:18am
Boblin the Goblin May 24, 2024 @ 8:51am 
Originally posted by Ogami:
https://www.msn.com/en-ca/money/technology/microsoft-is-not-buying-valve-and-counter-strike-for-12-billion-unsurprisingly

Completely made up by one guy on X/Twitter with no sources or any credibility.
But everyone rushed to spread it like a wildfire.

Also if you think Valve/Steam is only worth 16 billion when Microsoft had to pay 70 billion for Activion you straight up dont know how the business work.
Valve makes nearly a billion a year from lootboxes in CSGO ALONE + billions from ther 30% sale cut for each game.
Microsoft would need to offer considerably more then for Activision to aqquire Steam.
Plus Steam is not a traded company so they have no stocks to sell and Gabe Newell is on record multiple times saying that he will never sell Valve in his lifetime.

This is a complete non story spread by people who want attention, nothing more.
This sentiment was admitted in a different thread.
xBCxRangers May 24, 2024 @ 8:57am 
Originally posted by Ogami:
https://www.msn.com/en-ca/money/technology/microsoft-is-not-buying-valve-and-counter-strike-for-12-billion-unsurprisingly

Completely made up by one guy on X/Twitter with no sources or any credibility.
But everyone rushed to spread it like a wildfire.

Also if you think Valve/Steam is only worth 16 billion when Microsoft had to pay 70 billion for Activion you straight up dont know how the business work.
Valve makes nearly a billion a year from lootboxes in CSGO ALONE + billions from ther 30% sale cut for each game.
Microsoft would need to offer considerably more then for Activision to aqquire Steam.
Plus Steam is not a traded company so they have no stocks to sell and Gabe Newell is on record multiple times saying that he will never sell Valve in his lifetime.

This is a complete non story spread by people who want attention, nothing more.

Hm, that page is gone. Interesting.
Ogami May 24, 2024 @ 9:05am 
Originally posted by xBCxRangers:

Hm, that page is gone. Interesting.

No its not, seems i cut off the last few digits of the link by accident when copy/pasting.
Sorry.

https://www.msn.com/en-ca/money/technology/microsoft-is-not-buying-valve-and-counter-strike-for-12-billion-unsurprisingly/ar-BB1mURF8
Last edited by Ogami; May 24, 2024 @ 9:06am
xBCxRangers May 24, 2024 @ 9:11am 
Originally posted by Ogami:
Originally posted by xBCxRangers:

Hm, that page is gone. Interesting.

No its not, seems i cut off the last few digits of the link by accident. Sorry.

https://www.msn.com/en-ca/money/technology/microsoft-is-not-buying-valve-and-counter-strike-for-12-billion-unsurprisingly/ar-BB1mURF8

Thank you, yet, they're only reporting on the rumors, not that anyone disproved them. No word from MS, Valve, nobody, despite as the story claimed, the rumor spreading like wild fire.

Nor anything about Mr Newell selling off most of his shares to only 25% of the company.

Anyhow, like me, Mr Newell ain't getting any younger, so, don't hurt to thank him nonetheless. Thank you for that though.
Aachen May 24, 2024 @ 9:13am 
Originally posted by xBCxRangers:
Thank you, yet, they're only reporting on the rumors, not that anyone disproved them. No word from MS, Valve, nobody, despite as the story claimed, the rumor spreading like wild fire.

Nor anything about Mr Newell selling off most of his shares to only 25% of the company.

Anyhow, like me, Mr Newell ain't getting any younger, so, don't hurt to thank him nonetheless. Thank you for that though.

No one proved the rumors.

No one needs to disprove them — or do you treat rumors that grey xenos, fairies and the Big Rock-Candy Mountains exist as true, too?
Last edited by Aachen; May 24, 2024 @ 9:15am
Ben Lubar May 24, 2024 @ 9:15am 
Originally posted by Ogami:
https://www.msn.com/en-ca/money/technology/microsoft-is-not-buying-valve-and-counter-strike-for-12-billion-unsurprisingly

Completely made up by one guy on X/Twitter with no sources or any credibility.
But everyone rushed to spread it like a wildfire.

Also if you think Valve/Steam is only worth 16 billion when Microsoft had to pay 70 billion for Activion you straight up dont know how the business work.
Valve makes nearly a billion a year from lootboxes in CSGO ALONE + billions from ther 30% sale cut for each game.
Microsoft would need to offer considerably more then for Activision to aqquire Steam.
Plus Steam is not a traded company so they have no stocks to sell and Gabe Newell is on record multiple times saying that he will never sell Valve in his lifetime.

This is a complete non story spread by people who want attention, nothing more.

It's even below the journalistic standards of X - they put a box under the post showing that there's no evidence of anything to back it up.
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Date Posted: May 24, 2024 @ 6:04am
Posts: 39