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Valve slams stock market sell-outs

Valve slams stock market sell-outs

Studio co-founder Gabe Newell says external funding conflicts with studio ethos

Two executives at independent outfit Valve have made clear their aversion to floating the studio on the stock market.

Game developers that go public “end up getting their customers changed”, said Portal project director Erik Johnson.

“Any bad decision I ever see out there is because somebody created this different customer that was whoever funds them, and not the consumer of the product,” Johnson added in an interview with PC Gamer.

The studio’s co-founder Gabe Newell said that involving outside investment makes a company “end up with a totally different set of decisions, and the person who's trying to design the experience is like ‘okay, I guess we'll put Christopher Walken in our game’.”

Valve has grown in the last ten years to become a cash-rich indie studio which takes significant revenues from its Steam digital games system.

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[Source: CVG]

NEVER GO STOCK

posted by Hugh Bowen Sep 04, 2010 at 3:29 am
1
Hugh Bowen

he is right ppl will end up owning part of your company and games that just have a agenda like no violence or some way of thinking video games are bad and using you to change things. messing you studio up later or something along that lines

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?

posted by BC Sep 06, 2010 at 11:22 am
2
BC

"Studio co-founder Gabe Newell says external funding"

Says what? 'No' presumably?

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agreed

posted by Calvin Nov 11, 2010 at 7:19 pm
3
Calvin

put would love to invest in a company that is going to do very well in the next 5 years

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facebook

posted by sebastian Apr 06, 2013 at 9:03 pm
4
sebastian

sounds like what happened to facebook.

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