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What do you think of this prediction? (programming.dev)

submitted 4 months ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 4 months ago* (last edited 4 months ago) (1 children)

You are most definitely right that the major shareholders aren't the workers. The major shareholders are Gabe Newell, and some bankers in Japan.

Still, it is known that Valve employees are partially compensated with stock for working in the company, so most of the employees are still shareholders. They just aren't the major ones.

[–] [email protected] 5 points 4 months ago (1 children)

Sure, but that's not what makes it a private company.

[–] [email protected] 2 points 4 months ago* (last edited 4 months ago)

Ahh I get your point now, sorry I missed it. Yea, if people think that private company = employee shareholders, they are very wrong.