this post was submitted on 27 Dec 2023
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This genuinely doesn't get talked about enough. Steam is a private company and Gabe Newell seems to be the de facto "head" of the company, despite its famously "flat" management structure. There is no guarantee a new leader will have the same values or lead the same way. There is ripe opportunity for Steam to become a steaming pile of shit. I don't know about the exact ownership structure beyond Newell, but unless the employees are far more empowered through things like ownership stake in the company, new leadership could effectively destroy how things currently work at Valve to be replaced by any number of terrible business decisions.
Gabe is old as hell. It's coming.
Hopefully they have some sort of transition plan for who will take over when Gabe retires. As long as they hand the reigns over to someone with similar ideas and not some business type they could be fine given they are privately owned.
Has there been any news at all on who the potential successors are?
Read somewhere that his son who has a similar philosophy was going to take over
First time hearing about this. Hope it works out.
Because nepotism usually works out amazingly and never goes badly. /s
I looked it up and apparently Gray Newell doesn't work at Valve, so it's actually unlikely that he's going to be the successor.
So steam is a family owned company?