It’s not even about being publicly traded. I suspect they’re taking the console approach where you count on the attach rate (people buying steam games) to make you money.
Not people publicly traded or having to answer to investors is important because you don’t have to maintain forever increasing profits. You can take more risks and focus on your users needs. Most brands put out lame products because they are trying to keep a certain margin of profit.
I don’t believe Valve is selling them at a loss, but they definitely have less pressure to profit because they are not a publicly traded company.
It’s not even about being publicly traded. I suspect they’re taking the console approach where you count on the attach rate (people buying steam games) to make you money.
Not people publicly traded or having to answer to investors is important because you don’t have to maintain forever increasing profits. You can take more risks and focus on your users needs. Most brands put out lame products because they are trying to keep a certain margin of profit.