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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
    that moment when the One Good Billionaire™ casually orders a boat that costs several times more money than most of us will ever see in our lifetimes 🙃 i get that there's worse out there but i'm tired of people acting like newell is a saint... he's just another billionaire.
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    sugar_in_your_tea@sh.itjust.works
    wrote last edited by
    #50
    Yeah, I don't understand people who ascribe more to GabeN than running a decent business. Steam has done right by me, so I remain a customer. I didn't play many games before Steam came to Linux, then I played more and more as Linux support improved (Proton was game changing),. My opinion of him ends there. Steam is a great product, as is the Steam Deck. If Valve stops making great products, I'll stop buying. Whether Gabe Newell is a good person is irrelevant here.
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    • ? Guest
      I think the line to never have to work again is pretty far under $100mil
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      sugar_in_your_tea@sh.itjust.works
      wrote last edited by
      #51
      Yeah, it's like $5. The 4% rule puts this at $200k, and even a very conservative 2% is $100k. That's more than the median household income, and you get that for doing nothing. My personal number is more like $2M, which is $40-80k. Assuming my house is paid off, that's enough for me to be generous while not worrying about basic needs.
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      • Snot FlickermanS Snot Flickerman
        While all that is indeed good, we shouldn't *have to* rely on the benevolence of the wealthy to be able to have a better world. No offense, but that kind of stuff should be paid for by *taxation.* He is doing some good here, but it's also his pet project, his choice where the money goes, no one else, no input from society at large. It's still overall not a real great thing, because it means that we have to just *hope* that billionaires have pet projects that help society and the earth at large.
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        Guest
        wrote last edited by
        #52
        I'd be all for removing all the tax cuts from the rich and funneling it into the sciences. They've proven that trickle-down is an excuse to hoard and that noblesse oblige is all but dead, so why not cut out the proverbial middleman. I'm also not a politician being paid by said rich to keep those cuts in place or add more, so my stance means little.
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        • ? Guest
          Personally, if I had GabeN money to spend on a yacht, I would commission something similar to S/S Delphine, S/S Norrskär or / S/S Storskär, I love the classic lines of a late 1800s, early 1900s small ship. Modern yachts/ships look so boring...
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          sugar_in_your_tea@sh.itjust.works
          wrote last edited by
          #53
          I would probably donate most of it to a worthy cause. I don't need anywhere near that amount of money, anything over $5M gets donated.
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          • ? Guest
            A billionaire whose hobby is Marine conservation. That yacht is a floating lab. Inkfish, founded by Gabe Newell, aims to advance marine science by providing tools and access for deep-ocean exploration, focusing on serving the scientific community rather than personal interests. The organization's mission is to integrate marine science, engineering, and technology to map uncharted seafloor, study biodiversity, discover new species, and protect ocean ecosystems, while also providing open-source data and technical support to scientists
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            Guest
            wrote last edited by
            #54
            This yacht is many things, one of them being a floating lab. It's not like it isn't a super-luxury yacht for $500 million, also. Or like he hasn't a couple more super-yachts. I mean, good for the man, good that he's doing marine conservation on the side, or that he actually cares about his companies, employees, etc. But also, wow, what kind of amounts do billionaires spend on playthings, and what you could do with such money for the betterment of society.
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            • Snot FlickermanS Snot Flickerman
              Why? It's still bad. He still isn't taking societal input on whether the projects he invests his money into are actually the most wise and sound investments to help the future of all living humans. It's a distinction without a difference.
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              sugar_in_your_tea@sh.itjust.works
              wrote last edited by
              #55
              Why does he need society's input? Last I checked, charities didn't ask society at large, they just get funding from the people who care. Am I wrong to go to the park to pick up litter without asking society at large if that's the best use of my time? We don't need to have everything go through a committee. If he wants to do a good thing, that's awesome.
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              • ? Guest
                I think the line to never have to work again is pretty far under $100mil
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                Guest
                wrote last edited by
                #56
                Depending on where one lives and how lavish they want to live, 1mil USD at 4% interest is enough to make a life on. That's what my financial advisor tells me and I think it's more than reasonable.
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                • ? Guest
                  that moment when the One Good Billionaire™ casually orders a boat that costs several times more money than most of us will ever see in our lifetimes 🙃 i get that there's worse out there but i'm tired of people acting like newell is a saint... he's just another billionaire.
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                  Guest
                  wrote last edited by
                  #57
                  I don't think anyone thinks he's a saint, despite the memes. Except if you compare him to the fucking sleazeballs at companies like Epic, Rockstar, Sony, Nintendo, Microsoft, Ubisoft, EA, Blizzard, etc. etc., not to mention every other publicly traded corporation, he kind of his. Again, **by comparison**. He single-handedly improves the entire industry. He could very well have developed a locked down Steam OS that won't do anything but play games but he instead invested in an open source platform that sorely needed it, and makes the world a better place. Steam doesn't have to put up big banners for Denuvo or AI or games that require a remote account but they do, purely for the benefit of the users.
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                  • ? Guest
                    Depending on where one lives and how lavish they want to live, 1mil USD at 4% interest is enough to make a life on. That's what my financial advisor tells me and I think it's more than reasonable.
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                    Guest
                    wrote last edited by
                    #58
                    Yes, but I think inflation quickly makes that a pretty low number.
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                    • ? Guest
                      Personally, if I had GabeN money to spend on a yacht, I would commission something similar to S/S Delphine, S/S Norrskär or / S/S Storskär, I love the classic lines of a late 1800s, early 1900s small ship. Modern yachts/ships look so boring...
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                      Guest
                      wrote last edited by
                      #59
                      If I were a billionaire I would buy an old ass ship (forgive me IDK much about naval history) like an ironclad, retrofit it with a nuclear reactor and then full horsepower it through a yacht yard
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                      • theneverfox@pawb.socialT theneverfox@pawb.social
                        Alternatively, it's a luxury yacht for small teams of passionate scientists to keep them happy and comfortable for long periods, and also a floating town for Gabe to live in Also, if you want to criticize it there's one implication that worries me... Part of the concept is that this yacht will be a floating lab that can pick up and move to avoid regulations
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                        Guest
                        wrote last edited by
                        #60
                        >there's one implication that worries me Well, _two_ implications ![](https://static1.moviewebimages.com/wordpress/wp-content/uploads/2023/08/the-implication-always-sunny.jpg)
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                        • ? Guest
                          I think the underpaying would be not having nearly as many employees as similar sized companies. They could have several divisions producing games while also developing their hardware and software. He has been happy to make changes at a slower pace while their store keeps taking large cuts of each sale.
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                          overload@sopuli.xyz
                          wrote last edited by
                          #61
                          I suppose so, but maybe they don't want to grow too large. Microsoft absolutely devouring studios the last few years has not produced any truly great games. Valve clearly know how to make a good game still, when they want to.
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                          • Snot FlickermanS Snot Flickerman
                            Erik Wolpaw, who wrote Portal, was absolutely a Valve employee by that time already though, and *very arguably* the writing is what made the game so special. The team developing it wouldn't have had Wolpaw as a pull for a writer without being acquired by Valve.
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                            overload@sopuli.xyz
                            wrote last edited by
                            #62
                            Well, I agree that the writing is really good. But the gameplay hook is what really makes it a great game tome.
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                            • ? Guest
                              This post did not contain any content.
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                              ZephyrXero
                              wrote last edited by
                              #63
                              30% is too much! Clearly Steam doesn't need that much to operate (the percentage of each sale that go to Valve)
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                              • ? Guest
                                that moment when the One Good Billionaire™ casually orders a boat that costs several times more money than most of us will ever see in our lifetimes 🙃 i get that there's worse out there but i'm tired of people acting like newell is a saint... he's just another billionaire.
                                dindonmaskerD This user is from outside of this forum
                                dindonmaskerD This user is from outside of this forum
                                dindonmasker
                                wrote last edited by
                                #64
                                Tbf gabe has been pushing for ocean exploration for a long time since we barely know our oceans and he has the money to fund that. Very cool stuff normal people can't do.
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                                • dindonmaskerD dindonmasker
                                  Tbf gabe has been pushing for ocean exploration for a long time since we barely know our oceans and he has the money to fund that. Very cool stuff normal people can't do.
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                                  brkdncr@lemmy.world
                                  wrote last edited by
                                  #65
                                  The governments of normal people could be doing it but the money is going to billionaires instead.
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                                  • E Encrypt-Keeper
                                    >Like being able to return games? That was to comply with an Australian law, and it was just easier to implement it for everyone than just do it for Australia specifically. Well you say that but Sony also has an online game marketplace that operates in Australia. I don’t know how it works in Australia, but in the U.S. their return policy is not nearly as generous as Steam’s. In fact it Sony’s return policy only really exists on paper. In reality they don’t really do returns at all.
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                                    Guest
                                    wrote last edited by
                                    #66
                                    I agree, it's easier to do it worldwide, but that doesn't stop companies from writing extra code to comply with local restrictions only locally. Look at all the US companies where their websites function differently if you are in california or not. It was a law, but they were by no means forced to be good about it and let everyone in the world benefit.
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                                    • O overload@sopuli.xyz
                                      I agree mostly, but Valve employees are reportedly paid an incredible amount of money compared to the market average, so underpaying would probably only refer to the hefty (but industry standard) 30% cut of game sales they take from game publishers.
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                                      Guest
                                      wrote last edited by
                                      #67
                                      I've been told over and over again that Valve *needs* that 30% and they can't possibly do all that they do with a lower margin. Clearly hosting some files, hosting a forum, processing payments, etc is about ONE THIRD of all the talent and effort that goes into creating a game.
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                                      • Snot FlickermanS Snot Flickerman
                                        While all that is indeed good, we shouldn't *have to* rely on the benevolence of the wealthy to be able to have a better world. No offense, but that kind of stuff should be paid for by *taxation.* He is doing some good here, but it's also his pet project, his choice where the money goes, no one else, no input from society at large. It's still overall not a real great thing, because it means that we have to just *hope* that billionaires have pet projects that help society and the earth at large.
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                                        Guest
                                        wrote last edited by
                                        #68
                                        The situation sucks, but I guess we have to count our "wins" these days. If this money he is using to advance marine science was taxed, I guarantee it would be given straight to the US Military for creating more weapons of mass destruction. A lot of things need to change in this world.
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                                        • S sugar_in_your_tea@sh.itjust.works
                                          Whether the concept of billionaires is bad is irrelevant when deciding whether one specific billionaire is bad.
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                                          njm1314@lemmy.world
                                          wrote last edited by
                                          #69
                                          It seems really really relevant though...
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