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this post was submitted on 02 Mar 2025
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I doubt it, if you are concerned if I’m the person you’re thinking of you should tag me, or go through my post history.
That being said, Gabe owns 50.1% of the company. If he dies, and transfers that to one person, it doesn’t matter what his employees think, public or private, unless the bylaws for the corporation (yes, a private company like steam is still a corporation) state otherwise, the majority shareholder can vote on future direction and win.
Additionally, you underestimate tech employees and their willingness to exit on the right terms. If valve becomes valued at 100 billion dollars, and they can exit with their 1 percent stock at 45 years old, neither them or their family will ever need to work a day again and they can exit the global firestorm and live on an island somewhere.
You’re putting far too much altruism on everyone.