His plan isn't based off trying to squeeze blood from stones, it's to sell some video games. Not a very capitalist mindset, but there you have it.
this post was submitted on 14 Feb 2025
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"Valve used to be a company that made games, now it just makes money" is a joke so old I can't find the source, but I know it goes back at least 15 years.
It was the first centralised gaming platform/hub/whatever on PC.
I remember having to search for matches on the All-Seeing Eye.
I lost my first Steam account. It would've been from September 2003, the same month Steam released. So apparently it would have had some real life value.
Tried restoring it once, but the email I had had on it was a service that no longer even existed so...
Anyways practical monopolies make money. Microsoft, Amazon, Google etc.
Steam isn't really in any way anti-competitive unlike the other examples, though.
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The "do nothing and win" strategy.
Taking a long term view rather than exclusively focusing on the next quarter's numbers.