Insights from Dior, a prominent figure in the Counter-Strike community, reveal that Gabe Newell owns less than 25% of Valve. This suggests that a significant portion of Newell’s wealth is tied to his equity in the company. The decision to sell Valve wouldn’t rest solely with Newell; numerous employees who likely hold stock options could also have a say through a voting process if an offer were made.
So it sounds like a lot was given to employees from the beginning, which track with Gabe.
Then he may have cashed out a couple times, but I doubt that when he could just do the billionaire thing where he borrows against his stock counting on the value increasing enough to pay off the last with a new?
But then again Gabe is different and might not do that out of principle.
It’s not publicly traded, so I guess we don’t really know unless Valve discloses who owns what. Which I just realized is pretty concerning on its own.
Who owns the other 75% ?
Not sure, apparently the 25% figure is really new, Wikipedia is sourcing something from 2017 that says he has 50+.
This is the most up to date I can find that attributes a source
https://www.guru3d.com/story/microsoft-reportedly-readies-billion-bid-to-acquire-valve-steam/
So it sounds like a lot was given to employees from the beginning, which track with Gabe.
Then he may have cashed out a couple times, but I doubt that when he could just do the billionaire thing where he borrows against his stock counting on the value increasing enough to pay off the last with a new?
But then again Gabe is different and might not do that out of principle.
It’s not publicly traded, so I guess we don’t really know unless Valve discloses who owns what. Which I just realized is pretty concerning on its own.