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Chebucto Regional Softball Club

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  3. Gabe Newell caps off Steam Machine week by taking delivery of a new $500 million superyacht with a submarine garage, on-board hospital and 15 gaming PCs
A forum for discussing and organizing recreational softball and baseball games and leagues in the greater Halifax area.

Gabe Newell caps off Steam Machine week by taking delivery of a new $500 million superyacht with a submarine garage, on-board hospital and 15 gaming PCs

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  • ? Guest
    > 15 gaming PCs Priorities, eh?
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    Guest
    wrote last edited by
    #409
    I'd trust someone who don't have 15 gaming PC less to run a company in the gaming industry.
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    • ? Guest
      It turns out that things are complicated, and that a company that is pro consumer in so many ways that almost nothing else is can get praised for that and denigrated for doing predatory loot boxes. And that a billionaire owner can get praised for maintaining a pro consumer company and denigrated for running a loot box racket and buying yachts. All at the same time. It's so exhausting how people like you have to go on every thread and complain that people are happy about something instead of mad about everything, energy single time the company comes up. *sigh*
      B This user is from outside of this forum
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      but_my_mom_says_im_cool@lemmy.world
      wrote last edited by
      #410
      You’re really going out of your way to baby face the corporation that would fuck and sell your kids if it made them a buck. It’s one of the sickest things about Americans, Their NEED to love and defend billionaires and brands. It’s demented
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      • B but_my_mom_says_im_cool@lemmy.world
        You’re really going out of your way to baby face the corporation that would fuck and sell your kids if it made them a buck. It’s one of the sickest things about Americans, Their NEED to love and defend billionaires and brands. It’s demented
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        Guest
        wrote last edited by
        #411
        Can't really do anything but roll my eyes at this ridiculous hyperboly
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        • ? Guest
          This post did not contain any content.
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          Guest
          wrote last edited by
          #412
          All billionaires are bad.
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          • ? Guest
            Can't really do anything but roll my eyes at this ridiculous hyperboly
            B This user is from outside of this forum
            B This user is from outside of this forum
            but_my_mom_says_im_cool@lemmy.world
            wrote last edited by
            #413
            Go fuck your Gabe body pillow
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            • B but_my_mom_says_im_cool@lemmy.world
              Go fuck your Gabe body pillow
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              Guest
              wrote last edited by
              #414
              Either you didn't read what I said originally, didn't understand it, or are just a sad troll at this point. I recommend touching grass
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              • ? Guest
                Well the submarine on their is for research afaik (the hospital too I guess) he is doing ocean floor mapping afaik with manned submarines
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                Guest
                wrote last edited by
                #415
                Alright, I guess that's fairly relatable then.
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                • ? Guest
                  Well that's not fair, a lot of his money also comes from scammers laundering stolen credit card funds through steam game keys.
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                  Guest
                  wrote last edited by
                  #416
                  Well, hold on, while that industry is indeed scummy, Valve doesn't ever see a cut of it, do they? Valve allows developers to print their own Steam keys, and takes a 0% cut of them. Game devs use that opportunity to sell the keys to legitimate key sites, which take less of a cut than Steam does, but offer no refund guarantees or other support. Then, credit card thieves buy those keys using stolen cards, and resell them on illegitimate key sites. So in summary, as long as Valve doesn't take a cut on that key generation, they don't directly profit. They just keep allowing key generation to allow game devs a bit more freedom in sale.
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                  • ? Guest
                    Here's another way you can look at Valve. They are a case study of how a privately held company, a company that does not have a boardroom of investors, demanding maximum possible short term profit, all the time... Can actually allocate capital more efficiently, and generally more fairly, and innovate better than a ravenous hoard of interest/rent seekers. You can look at them as essentially a counter argument to the modern American concept of a publically (stock market) traded company. While what they do, the tech, the platform, the games... while that's rather cutting edge... the way they do, that's actually old school, at the level of how a business fundamentally works, is legally defined. They are not 'beholden to capital' so much as they are ... 'beholden to Gabe.' You would think business majors and economists could look at this and go... oh, turns out capital markets aren't efficient, at all! We are at the point now where a privately held, effective monopoly is... actually less evil than basically every other major tech firm that is entirely investor-returns / capital-rent driven... where probably roughly 20%-40% of the people/orgs on all those other boards ... are just the same people, forming basically a de facto conspiracy. Basically, being beholden to a single, publically visible capitalist, who doesn't have to show you his internal books... appears to be objectively better than being beholden to many, obfuscated, invisible capitalists, despite them actually having to show your their books.
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                    Guest
                    wrote last edited by
                    #417
                    This argument would seem to make sense, but from what I gather Bezos and Zuckerberg have lots of control of their respective companies, and can push around the board - yet they do what they do.
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                    • S sugar_in_your_tea@sh.itjust.works
                      > ethical billionaire A close example is [Warren Buffett](https://en.wikipedia.org/wiki/Warren_Buffett#Philantropy). He's about as ethical as they come IMO. He still lives in the same house he bought over 60 years ago, and he has given away a _ton_ of money: > As of June 2025, Buffett had donated over $60 billion to charitable causes. Hearing him talk about it, it's apparently really hard to give away that amount of money. He wants to give away something like 99% of his money, but he seems to really like his job and that takes priority for him. He has claimed his children are tasked w/ giving the rest away within 10 years of his passing, outside of the little he has marked for inheritance.
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                      Guest
                      wrote last edited by
                      #418
                      So I'm nowhere near a billionaire and it's perhaps worthless to compare - but once many orgs know you are a "source of charitable donations" they spend a LOT of spam your way - and chances are good that at least half of the charities are scams that barely help anyone. So there's likely also an unwelcome degree of effort and anxiety in ensuring charity money is used well. Hence why Bill Gates started his own.
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                      • ? Guest
                        All billionaires are bad.
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                        Guest
                        wrote last edited by
                        #419
                        True, but Gabe is just about the best one I can think of.
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                        • ? Guest
                          Because EGS offers roughly 5% of the services Steam does, and Epic is still spending a shitload of money keeping EGS going at loss.
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                          Guest
                          wrote last edited by
                          #420
                          I think you are missing the point of my question. Why would valve get in legal trouble if they charged less? Both EGS and steam is stored, no? They should be bound by the same laws. Afaik there are no special laws just because you are the market leader.
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                          • C colesloth@discuss.tchncs.de
                            Because epic isn't the market leader, by a large margin.
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                            Guest
                            wrote last edited by
                            #421
                            So that means they operate under a different law which was the point of my question? Doubt.
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                            • ? Guest
                              I think you are missing the point of my question. Why would valve get in legal trouble if they charged less? Both EGS and steam is stored, no? They should be bound by the same laws. Afaik there are no special laws just because you are the market leader.
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                              Guest
                              wrote last edited by
                              #422
                              I think you maybe need to take a second look at this post- you seem to be substituting random words at places and it makes it difficult to tell what you're trying to say.
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                              • ? Guest
                                So that means they operate under a different law which was the point of my question? Doubt.
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                                C This user is from outside of this forum
                                colesloth@discuss.tchncs.de
                                wrote last edited by
                                #423
                                Epic is in no position or standing to compete against valve. To be a monopoly, you have to actually own an overwhelming portion of the market you're in.
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