Not gonna defend corporations here, but valve isnt public. They are privately owned by the bosses and employees, valve has one of the lowest turnover rates in the industry. It is quite difficult to get a job there for that reason. So they are actually quite beholden to their workers.
Yeah I guess I was a bit imprecise, it is of course a private company not a worker cooperative or something. But I do recall (from reading about it some years back) that the employees are so fiercely loyal because they are extremely well compensated, have a lot of say within the company, and iirc they also get shares in the company after some time, meaning they also get part of the profits.
Valve wouldn’t exist at it is if it was public and might not exist as it is if it wasn’t for Newell (and I say that as a person that’s very critical of Valve, they’re still very far from how bad they could be considering their position)
deleted by creator
Not gonna defend corporations here, but valve isnt public. They are privately owned by the bosses and employees, valve has one of the lowest turnover rates in the industry. It is quite difficult to get a job there for that reason. So they are actually quite beholden to their workers.
Indeed but Valve is an exception to the rule which otherwise applies to 99% of corporations.
deleted by creator
I don’t think Valve is employee-owned. Apparently Gabe owns a majority, but the remainder is not known to the public.
Yeah I guess I was a bit imprecise, it is of course a private company not a worker cooperative or something. But I do recall (from reading about it some years back) that the employees are so fiercely loyal because they are extremely well compensated, have a lot of say within the company, and iirc they also get shares in the company after some time, meaning they also get part of the profits.
All public corporations, private ones can be run by a benevolent leader.
At least until the leader gets corrupted by the power if there is enough of it. Then they become not so benevolent
Hence the use of the word “can” and not “are”
Valve wouldn’t exist at it is if it was public and might not exist as it is if it wasn’t for Newell (and I say that as a person that’s very critical of Valve, they’re still very far from how bad they could be considering their position)
I see, that’s valid then, and I agree that Valve isn’t some godsend charity, it just happens to work better than the rest for us buyers