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Which CEOs are actually worth keeping around?
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this post was submitted on 08 Dec 2024
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Gabe has 6 yachts worth about $1 billion dollars. Not very cool at all, imho.
He didn't kill anyone by denying them insurance or anything like that tho. Just took a commission on every game sold on Steam, a platform nobody's forced to use.
And by running a casino that rakes in millions of dollars off kids. I can appreciate the positives he's done with Steam, but I'm not about to ignore the negatives.
Yeah, he's getting kids to play at a virtual casino that has absolutely no chance of returning and financial winnings, but he's not taking millions of dollars off of kids. Considering those kids have the ability to own a gaming computer, I'm assuming the vast majority of that money comes from their parents. I don't condone the kids gambling, but he's not taking hard-earned money from kids that are in need and leaving them broke.
Can you explain? What cassino? Is it like a game with micro transactions or something?
Loot boxes are effectively gambling as there is no guarantee on what you'll get. People in general can get addicted to the rush of getting that rare item the first time (which is usually what happens with a first open to get you hooked) and then either buy more loot boxes or the keys to open them.
Being a bit greedy =/= Killing millions of people through death panels
Huge difference
Nobody becomes a billionaire by being "a bit greedy"
One billion dollars is an insane amount of money.
Reminder, 1 billion dollars is:
Billionaires have all that money even after their expenses. It's their "savings account", but their savings account makes much more interest than ours because they are actually invested in the market. If they need money beyond their regular pay, they use their investments as collateral for loans with interest rates lower than investment returns. They're making money even if they are spending it.
Wealth is not money.
Point being?
When did I compare those two things as being equally as bad? What the hell is with this black and white stance in my replies, absolutely wild to see people defending a man owning 1 billion dollars in yachts.
Im a huge steam fan.
I am not a fan of someone who can own multiple yachts.
Sorry GabeN.
Still seems like a nice guy. ๐ซก
This but with GabeN
Hawk's response ๐๐