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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
    I can think that Steam at least provides a ton of services and value for that 30% , while also being annoyed that governments don't tax people more.
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    brucethemoose@lemmy.world
    wrote last edited by
    #250
    They should be *reigned in as a monopoly*. That’s how it’s fixed. Nothing drastic either, just stop Valve from (say) dictating prices outside their platform, and do the same for Amazon and Walmart while they’re at it.
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    • ? Guest
      I don't think its necessarily how much he pays his employees. The larger issue is that the tax rate at the top isn't high enough.
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      Guest
      wrote last edited by
      #251
      It's all of it. He takes too much for the services he offers. He gives too little to his employees. He isn't taxed enough for what remains. It makes sense that people can earn a few multiples over the median for working hard and maybe also for taking risks. It makes no sense that people can earn a million time as much as the median by not working hard and never facing actual risks.
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      • Z ZephyrXero
        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
        wrote last edited by
        #252
        Yeah, I want such giants (that are basically core infrastructure of a sector) to be regulated. \ Just whip up a law saying their margins can't be over 5% of a game's sale price (the reason is to boost smal devs & market competition). Worst case 10 ppl don't get richer. What, are they gonna quit the business bcs making only 100 million a year in net profit just isn't worth it & would rather go do manual labour in the mines instead? (Same logic as with taxes - if there was a 90% tax over 10 million ppl would still do the same things they do anyway, we were just taught to believe that someone earning 1bn per year would say *'no, it's not worth it for those 100m after taxes, I quit and now you can't buy my good overpriced phones anymore so you lose'*. It would never happen. The only difference would be in their wealth concentration, ie in their power over government/lobbies/public media.)
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        • ? Guest
          But the money from that goes to professional players that participate in the tournament and to organizers who organize the event. How much money from battle pass goes to Fortnite/Battlefield/COD pro players?
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          Guest
          wrote last edited by
          #253
          You didn’t say anything about where the money goes, you just said you can’t recall a Valve game with microtransactions or a battlepass. Dota has both. If we want to have a discussion about how they spend that money, then I agree, Valve does a much better job than EA or Blizzard or similar
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          • ? Guest
            > 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. if you show up with one of these other billionares would think you got it from a ship breakyard
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            Guest
            wrote last edited by
            #254
            Nah, they would be restored to perfection and upgraded with modern tech
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            • ? Guest
              They are anti-developer (though dev opinions differ), but most people aren't affected by the anti-consumer stuff. The only instances I know are censorship with niche visual novels and case gambling (and things like crashing CSGO economy sound like good things in that regard), unless there's more I don't know.
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              Guest
              wrote last edited by
              #255
              They had to be forced into allowing refunds. They're pretty shit with dealing with hacked accounts. Their forced price parity rules effectively raise prices across the industry. Other companies being worse doesn't make this one defacto good.
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              • ? Guest
                > Should they never expand or develop new things? Oh I didn't realize they were developing $500M yachts donations...
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                Guest
                wrote last edited by
                #256
                That's a pretty significant pivot from the discussion about Steam's operating costs and revenue share.
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                • ? Guest
                  What is it with millionaires and yachts? I hate boats, even on a calm day in a lake which is only about 2 m deep I'm constantly convinced the damn thing is going to sink. Do people actually like being on boats, it's basically like being in a cramped apartment that is really inconvenient to get to and from, that constantly experiences a never-ending earthquake, why is that anyone's idea of a good time? Also I *really* hope somebody has tested that submarine extensively.
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                  Guest
                  wrote last edited by
                  #257
                  As a NOT millionaire (technically I am homeless though in far better shape than some) boats are enjoyable and even fun. Paddle boats, row boats (my favorite), canoes, small and medium powered craft can all be a blast. I've never been on a yacht and wouldn't choose to the same as never having chosen to be on a regular tourist cruise or in a casino except for work. I don't like people that much. That cramped cabin and constant earthquake is only on a ship really. Even choppy seas aren't too bad. It sounds like you mostly hate water, which I understand. My gf is the same. Do you use swimming pools and if so, do you avoid the deep end? For me, I grew up around water, lakes and beaches, and my grandfather was in the coast guard auxiliary and had a cabin cruiser. Even a good summer weekend involves climbing into an inner tube and floating down a river all day.
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                  • ? Guest
                    Why were you in the microsoft ecosystem to begin with?
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                    Guest
                    wrote last edited by
                    #258
                    Because not everyone is young enough to have just gotten into computers at a time when there's actual Linux compatibility with a significant percentage of software...
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                    • ? Guest
                      Because every other gaming company is much worse.
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                      Guest
                      wrote last edited by
                      #259
                      Doesn't make this one _good_
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                      • ? Guest
                        That's a pretty significant pivot from the discussion about Steam's operating costs and revenue share.
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                        Guest
                        wrote last edited by
                        #260
                        The point is a very small percentage of that 30% is being reinvested in the company and the vast majority is going into Gabe's pocket.
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                        • Snot FlickermanS Snot Flickerman
                          It can be both, you're rejecting it *because* you fail to understand it. Dude, in a rationally organized world we wouldn't *need* fucking charities, because things would just be funded by reasonable tax structures and governments that care more about taking care of their own people instead of bombing foreign nations. Why would we need charities if things were funded well enough as it is? You're *deliberately* missing the point.
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                          sugar_in_your_tea@sh.itjust.works
                          wrote last edited by
                          #261
                          I don't misunderstand your point, I reject it. When have we *ever* seen a government care more about taking care of its people than gaining power for its rulers? The more money and responsibility you give to a government, the more corrupt it becomes. That said, I do think something like UBI makes sense. Make it a simple cash pass-through where everyone is brought above the poverty line. I personally would prefer to structure it as a negative income tax, so you qualify if your income is below some amount, and everyone is brought between the poverty line and a "living wage" (say, 2X poverty line). It's equivalent to UBI, just with less sticker shock and a clearer paper trail (need to file a tax return). Look at the government shutdown, social security is still going out, I want NIT to be the same (and ideally replace SS). I say we replace all welfare programs with a UBI-type system. Charities would then exist to help people manage that money, get out of addictions, etc... If people are mistreated at work, they'll have the option of leaving. If a child is mistreated, child protection services (could be a charity) can move the child and those tax dollars to a better home. UBI would solve a ton of problems just by ensuring everyone has enough. If we touch billionaires' money, it should be with inheritance laws. I think we should tax all assets as if they were liquidated if they aren't donated to a qualifying charity. That's the biggest loophole I know about, and it should be closed.
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                          • ? Guest
                            The point is a very small percentage of that 30% is being reinvested in the company and the vast majority is going into Gabe's pocket.
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                            Guest
                            wrote last edited by
                            #262
                            That's a very specific and bold claim about Valve's internal finances. Do you have access to their private balance sheets and investment budgets? Unless you do, we're both just speculating. Factually speaking: Valve provides a massive, global storefront, handles all payment fraud and chargebacks, provides cloud storage for games, and maintains the entire friend/community network. The 30% is the price for that bundle of services. Whether that's a fair price is debatable, but the personal wealth of the CEO is a distraction from that debate.
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                            • ? Guest
                              This post did not contain any content.
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                              Guest
                              wrote last edited by
                              #263
                              $500 million that could have gone toward the development of Half Life 3...
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                              • Z ZephyrXero
                                I'd rather see the developers of the game profit before the storefront
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                                Guest
                                wrote last edited by
                                #264
                                Yes and before Steam the Publisher kept 60%, 30% is fine
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                                • ? Guest
                                  > Should they never expand or develop new things? Oh I didn't realize they were developing $500M yachts donations...
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                                  Guest
                                  wrote last edited by
                                  #265
                                  That's Gabes money, not Valve's and you know it
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                                  • ? Guest
                                    That's a very specific and bold claim about Valve's internal finances. Do you have access to their private balance sheets and investment budgets? Unless you do, we're both just speculating. Factually speaking: Valve provides a massive, global storefront, handles all payment fraud and chargebacks, provides cloud storage for games, and maintains the entire friend/community network. The 30% is the price for that bundle of services. Whether that's a fair price is debatable, but the personal wealth of the CEO is a distraction from that debate.
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                                    Guest
                                    wrote last edited by
                                    #266
                                    Brother, go back and read the OP. You cannot claim that 30% is fair while the man camps on an Armada of yachts worth over a billion dollars. This is not a distraction, *this is the problem*. There's just no way that makes any sense.
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                                    • ? Guest
                                      Like offering steam sales that gets people to buy games and end up never play them
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                                      Guest
                                      wrote last edited by
                                      #267
                                      Aren't it the devs who offer sales? Either way you just not buy something you don't need.
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                                      • ? Guest
                                        Doesn't make this one _good_
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                                        Guest
                                        wrote last edited by
                                        #268
                                        No, just less bad.
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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
                                          #269
                                          We're just at the point where "basically fine" is hands down better than the majority. Even if they were forced by regulation, they *followed* the regulations instead of ignoring them and fighting an insane court battle to nit pick it for the next decade. Like, valve doesn't seem to be trying to undermine democracy or somehow bring about an actively worse world. They seem to mostly obey the law and keep orderly as regulations change. If you said you wouldn't mind living Gabes life, I wouldn't think you're a sociopath. People saying that valve is great says a lot more about the rest of the companies than it does about valve, but it still leaves valve near the top of the pile.
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