• LoafyLemon@kbin.social
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    1 year ago

    Gabe Newell quit working for Microsoft before Windows 3.0 was released. Valve is an employee-owned private company, Gabe Newell ensured that even after his passing, Valve stays true to their roots as long as there’s the majority of employees sharing his ideals.

    • TWeaK@lemm.ee
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      1 year ago

      Employee owned businesses are something else, Valve is just a regular privately owned business, one that the owner works for and takes a salary from.

      Employee owned businesses are owned by all of the employees, collectively, with a slightly more democratic decision making process. The CEO still makes the decisions, but employees have a right to have their input heard as shareholders. With Valve, Gabe has the final say on everything.