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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
    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
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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
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                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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                          • ? 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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                            Guest
                            wrote last edited by
                            #70
                            More developers doesn't always means faster shipping of products, but it can lead to disconnected and soulless releases. Valve only release something new when it makes sense to or they have an innovation that means it makes sense to. They don't really work at a slow pace in my opinion, it's just you may not always see constant changes in one part of their products all the time because of how the engineers work (freedom to work on whatever). Probably for the best they aren't hiring thousands of people to pump out random stuff that is only there to make money. They make stuff that makes sense.
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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
                              #71
                              Refreshing to hear this take. Valve and Gabe get glazed so hard when at the end of the day it's about the bottom dollar for them too. Honestly I think people love them so much because everyone else has been horrible by comparison.
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                              • Snot FlickermanS Snot Flickerman
                                People need to remember a lot of the pro-consumer things that Valve has ever done were things they were forced to by regulation. 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.
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                                ricecake@sh.itjust.works
                                wrote last edited by
                                #72
                                I think we're just at a point where a company not constantly trying to find ways to squirm out of every single thing is a breath of fresh air. "Hi! We're valve. We're mostly following the law without fuss, mostly make money by getting people to buy things they want, and our excessively wealthy owner acts like a preposterously rich person, not a comic book villain: Fantasizing about living his life isn't deeply concerning. The hardware we sell isn't deliberately worse for consumers to no benefit to ourselves" -- Hands down one of the best "big" companies out there.
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                                • ? Guest
                                  This post did not contain any content.
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                                  Rikudou_Sage
                                  wrote last edited by
                                  #73
                                  Fucking disgusting. There's no way to be a billionaire while not being a total shitstain that just sucks the society dry.
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                                  • ? Guest
                                    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.
                                    O This user is from outside of this forum
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                                    overload@sopuli.xyz
                                    wrote last edited by
                                    #74
                                    Lol yep they're an extremely wealthy company with that 30%. But it seems like almost every other storefront operates under those margins for digital sales (not just in gaming). I do value the cloud saves, I think those would actually add up a bit for their storage requirements as well as hosting all of the game files in presumably many locations globally. 15%, they'd still be a multibillion dollar company
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                                    • ? Guest
                                      In general, I think being decent to customers is a business strategy, because the barrier to entry for a Steam competitor is nearly non-existent, and there's always piracy. Still, capitalism working the way it's "supposed to" is still capitalism.
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                                      Guest
                                      wrote last edited by
                                      #75
                                      > the barrier to entry for a Steam competitor is nearly non-existent My brother in christ have you heard of network effects?
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                                      • ? Guest
                                        Fuck billionaires, him included. A personal submarine bay is just baller as fuck, though.
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                                        Guest
                                        wrote last edited by
                                        #76
                                        Imagine the amazing LAN parties!
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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
                                          #77
                                          You must likely will never earn more than 2 mil in your lifetime. With 2 orders of magnitude and a doubling factor, that’s still not 500M lmao. And just like a car purchase, that’s only for the purchase price, not the upkeep.
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