The fact that it is a private company is a very interesting aspect of Valve. I w... | Hacker News

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ginko on July 26, 2012 | parent | context | favorite | on: Gabe Newell Wants to Support Linux, Because Window...

The fact that it is a private company is a very interesting aspect of Valve.

I wonder why there are not more companies going that route. It seems to be sort of expected nowadays that every large company must incorporate.

JackpotDen on July 26, 2012 | [–]

Because most companies hemorrage money. Valve was built after Gabe and the other co-founder got rich as hell from working on microsoft. They didn't need funding while valve was bleeding cash, so they don't have to do that.

mikeash on July 26, 2012 | [–]

Most companies aren't graced with a founder who was already rich.

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