this post was submitted on 22 Sep 2023
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Linux Gaming

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[–] DrVortex@lemmy.one 0 points 1 year ago (1 children)

Valve was founded in 1996 by former Microsoft employees Gabe Newell and Mike Harrington.

You have no idea how this works.

[–] LoafyLemon@kbin.social 0 points 1 year ago (1 children)

Gabe Newell quit working for Microsoft before Windows 3.0 was released. Valve is an employee-owned private company, Gabe Newell ensured that even after his passing, Valve stays true to their roots as long as there's the majority of employees sharing his ideals.

[–] TWeaK@lemm.ee 1 points 1 year ago

Employee owned businesses are something else, Valve is just a regular privately owned business, one that the owner works for and takes a salary from.

Employee owned businesses are owned by all of the employees, collectively, with a slightly more democratic decision making process. The CEO still makes the decisions, but employees have a right to have their input heard as shareholders. With Valve, Gabe has the final say on everything.