Video game industry will collapse in on itself when Gabe Newell dies, and enshittification creeps into Steam.
I shall seize one of his yachts (probably metaphorically) and sail under the Jolly Roger when enshittification comes for Steam. Until then, it’s a pretty solid solution for buying PC games.
Steam Deck is also amazing, in that it’s as simple as a Switch to get playing but open enough through desktop mode to do so much more. As your customer, thanks for not treating me like a paste eating delinquent.
Something I’ve been worried about for some time. I mean, I hope his death isn’t soon, but we all know whoever steps in is most likely to royally fuck it up.
He just needs to make it an employee owned company. I believe it would make it a stable institution.
I actually have hope for the company after he is gone. All they have to do is keep steam going and they win. They just print money. There is no reason to go evil and sell the company and go public. They just win.
provided the can safeguard themselves from parasites that might try creeping in and try to change things for worse
Because he maintains a near monopoly.
He doesn’t tho. He just offers such a good service to people that they don’t want to use anything else. That’s not a monopoly.
Steam is already enshitified. Every other marketplace just sucks that much.
Nows a good time to articulate a defense. Because as far as their impact on gaming as a distributor, theyve enabled more than any other company by far
You view this as me saying it’s a bad platform. I don’t think it is. I love it and use it often. GoG is probably the only one that’s not enshitified.
You’ve still yet to actually say how steam is enshittified despite several comments asking. You reply but dodge the real question.
Dodge the question
Yeah, I’m not interested in getting interrogated over my opinions today. Especially by someone literally named “AngryMob”.
Edit: after they said “its entertaining how sensitive you got about this.” I now feel justified in my hesitancy.
Any examples? AFAIK they improved a lot, especially in Linux space which I am very grateful for. I wouldn’t be using Linux if it wasn’t for steam. Although there are still a lot of things to complain about but if it wasn’t better before then it isn’t enshiftification by definition.
I think you’d be hard pressed to find a marketplace that isn’t enshitified in some way. Most are going to shove ads in your face which is shitty, but most people aren’t going to recognize it as a bad thing because they’re there to shop.
Right so no actual examples then?
And you can’t say advertising because of course there’s going to be adverts up for games sold on the platform. I think most people would argue that if you go into a store, and then see a sign in that store, for something that is sold in the store, that’s not advertising, that’s just signage.
The goal of advertising is to try to convince you that you want a product or a service. But if you are already in the store you’ve already made the decision that you want that product or service, so by definition you can’t be advertised to at that point.
Removed by mod
No it isn’t. I have yet to pay a single cent or subscription in more than a decade.
Are you trying to imply subscription fees are necessary for something to be called enshitified?
Well you haven’t given any practical examples of how you think Steam is enshittified, so you’ve left people to draw their own conclusions and definitions.
To me it just sounds like someone who’s trying to justify pirating indie games.
My company’s owner/CEO can stay, gives us all sizeable profit share bonuses. During covid people didn’t get layed off, even though there was no work. Sure hours were reduced, but work was found around the shop to keep people busy as much as possible.
In other words, small business owners that care about employee and their clients.
Who stay small because they don’t squeeze their employees and their clients to grow. They care about risks when opening a new location, even if those risks are primarily to the people they’d hire.
What’s it called when something grows out of control without regard to the welfare of their peers or the sustainability of the system?
In other words, small business owners that care about employee and their clients.
YMMV
sure some do
I agree, hence specifying the ones who care.
Way too many do not care and wonder why no one is “loyal”.
GabeN has been pretty cool.
CEOs should just be elected by the employees
At the start of the Russian Revolution, the Soviets tried that. Even they quickly discovered that pure democracy didn’t work well when choosing “the boss.” They even went so far as to remove ranks from the military. Which failed even faster.
Turns out, “the boss” often can’t afford to be popular or buddies with everyone when making decisions.
Che Guevara wrote about in his book Critical Notes on Political Economy about how workers who are given full autonomy in their enterprises actually can become antagonistic towards society because they benefit solely from their own enterprise succeeding at the expense of all others, and thus they acquire similar motivations to the capitalist class, i.e. they want deregulations, dismantling of the public sector, more power to their individual enterprise, etc.
The solution is not to abandon workplace democracy but to balance it out also with public democracy. You have enterprises with a board that is both a mixture of direct appointments from the workers at that company with their direct input, as well as appointments by the public sector / central government. The public appointments are necessary to make sure the company is keeping inline with the will of everybody and not merely the people at that specific enterprise, because the actions of that enterprise can and does affect the rest of society.
Workplaces need to be democratic, but also not autonomous from the democratic will of the rest of society.
That’s a feature of Market Socialism, but we can’t call it that because sOcIalIsM sCaRy, so let’s go with Democracy in the Workplace.
Socialism is of course democratic. When people say “socialism is bad” what they mean is Socialism is good, and they’re thinking about Communism, which is actually also good but has never really been implemented properly.
Communism could not be implemented properly, without first moving through socialism, that is, worker control and collective ownership of their productive workplace, but all over the world. A radical social transformation, international in scope, in which we can begin to assess human need and begin to distribute based on it, democratic from top to bottom.
But the ruling class won’t just give over control it has to be taken, with collective power.
Pirates had some of the purest forms of democracy. Their captains were democratically elected in many cases as well. Not sure why they came to mind when you said this… But if your going to rip people off, and democratically pick your leader, pirates formed your company right
Seems like the pirate environment is especially suited to this type of democracy. Pirate ships operate outside the protections afforded by law, so the only thing really preventing pirate captains from being ousted (or murdered) is the crew’s support.
I guess a CEO would need to maintain shareholder support, but shareholders are generally fairly disconnected from the company’s day to day operations. Most individuals own shares through mutual funds or ETFs, which means they don’t actually have share ownership themselves and can’t vote. All you have is the fund owing you a fiduciary duty to vote in your best interests, which generally translates to whatever makes the most money. So the CEO just needs to keep a few large institutions happy, and possibly some large wealthy individual shareholders that he knows from the rotary club (where the heads of aforementioned institutions are also members)
In other words, the way the financial system is set up systematically deprives the less wealthy from their right to have a say in the operation of the companies they nominally own a part of.
CEO of Ben &Jerry’s. They are not just posting the black square on their insta and then moving on, like half their posts are about fighting inequity, encouraging people to vote for actual human rights, openly pro abortion, pro immigrant rights, pro black rights, pro women’s right, about fighting climate change etc. they are walking the walk, conservative dollars be damned
Also AFAIK they are one of the few companies that have been removed from the BDS list after improving behavior and leaving illegal Palestinian settlements. Recently they sued their parent company for silencing their statements on Palestinian rights.
I don’t love ever setting any people or corporations on a pedestal. Nevertheless this is reassuring behavior to see amidst all the Starbucks, AirBnB and Re/Maxes of the world.
Adding my vote of confidence to them
It’s a shame they don’t fully move to vegan ice cream
Edit: When the very base ingredient of their ice cream is based on exploitation and torture, how much are their initiatives really worth? It’s virtue signalling at its best
Plus I’m yet so see someone giving a valid reason as to why they shouldn’t. Just tell me you don’t care and I’ll move along
That would be an absolute disaster.
Why?
vegan icecrean is apparently terrible… said no one ever
Why should they? I have no problem with people being vegan and I have no problem with vegan food being provided as an option but I don’t think vegans have the right to dictate to everyone else how they live their lives.
Humans are literally forcing animals to live and die by their life styles. The only ones forcing anybody here are humans.
There is no sound reason as to why B&J doesn’t fully move away from non-vegan ice cream. They’ve proven that they can produce vegan flavours, that they cost them the same (probably less even), that they taste well enough for them to remain among the flavours they offer. It’s just stigma and prejudice that leads to people shutting off completely when veganism is even mentioned.
Realistically, like be frank with yourself for a second and don’t resort to a kneejerk reaction: would you mind if your ice cream was vegan? It’s a luxury item, it’s a sweet, so it’s not essential. Most sweets you eat are vegan already. What’s one more? Plus, you end up helping a bunch of animals.
A. Ben & Jerry’s moving to exclusively vegan ice cream is in no way forcing people to live their lives a certain way. Recipes are not protected by copyright law so anyone can make and sell ice cream however they want.
B. The dairy industry wreaks havoc on the planet. It would benefit everyone if the dairy industry disappeared or at least shrank
It would be forcing people who prefer Ben & Jerry’s to either have vegan ice cream (which may not be their preference) or switch to another brand (which also may not be their preference). What you’re saying is that you want people to have fewer options.
Would it be accurate to rephrase your argument like this?
“Ben & Jerry’s changing all their recipes to use only vegan ingredients would be anti-freedom”
If you want to make an argument against that, you can do that in your head. You seem to be good at making up things you want other people to say, so you don’t need me for your imaginary argument.
You could just say “no.” I was curious how far your logic would go because you said, and I quote, “it would be forcing people who prefer Ben & Jerry’s to either have vegan ice cream or switch to another brand”
Like, dude, come on. You have to hear how ridiculous that sounds. Nobody is forcing anybody to eat ice cream. And also, though this is just coming from my experience, I’ve never met anyone who exclusively likes Ben & Jerry’s. Bad ice cream is almost always better than no ice cream so I would challenge you to find someone who would be upset about needing to eat ice cream that was created by any brand other than Ben & Jerry’s.
This CEO, Gabe Newell, and (if he was still alive) the founder of Little Caesars, who, if I recall correctly, secretly paid for Rosa Parks apartment until her death.
The founder of Little Caesars was a typical magnate developer who bought up much of downtown Detroit and let it rot until he received tax incentives to build, and kicked out many low income residents from apartments he let sit until they got city money. His family continues this tradition. The Rosa Parks thing is the only good thing I’ve ever heard of that man and his family do.
Gabe Newell owns fleets of yachts and private jets. The man is using your sweet gaming money to burn the planet.
Yeah we need a source.
Also, as far as CEO’s go, speaking from an outside perspective obviously, the man is wonderful. Valve makes solid business decisions in favor of long term growth instead of short term profits. They do this buy making sure that their platform is easy, safe, reliable, and not abusive for their consumers. They institute their own consumer protections into the platform that make them less money, just to make sure they remain a place we WANT to shop, when everyone else tries to make themselves the only place to shop, and then fucking over their consumers at every opportunity. Valve is a fucking case study on how companies should be ran, and a perfect display of how modern american capitalism is ruining everything, by being the antithesis of it.
Sources or STFU.
Add Steve Wozniak to the list of the ones to be protected. The Woz has done more to pull people up and we should all aspire to that level if we ever have the means.
Woz isn’t a CEO and was stabbed in the back so many times he makes the Ten of Swords look like a sign for future friendships
Woz is the true Tech Jesus
in terms of being betreayed? sure.
In terms of being the salvation and the light? Nah, that’s Linus
Woz is the true Tech Jesus
No that would be Stallman. In so many ways, but most importantly by establishing the concept of free software and pushing hard for progressive values. Also by being unpopular with the masses.
Nah people need to stop jerking off Gabe and valve I general.
They started predatory lootboxes, ridiculously expensive cosmetics, early access, owning a licence instead of the actual game, had to be sued just to get refund policy and the vast vast majority of his wealth has come from just skimming a bit off from people who actually make games he distributes.
If you look at valve without the “omg steams sale XXXDDD”" mentality, then they are no better than ea or Activision.
Do you understand how much work goes into distributing terabytes of content around the world?
Valve give you AAA games. For free. No material restrictions on game-play or competitive advantage. They pay for the server hosting, anti-cheat and matchmaking.
The provide a storefront that anyone can sell their games on. And they don’t contract you into exclusivity periods like others do. Do you think it’s coincidence that they have, by far, the largest games store in the world?
They have supported games, for free, for over 10 years. You could have 10 years of world-class online gaming (CS:GO/2 or DOTA2) and have not spent a single penny, with no hit to your ability to play and win.
Sure, they’re not perfect, they are at their core a profit-driven company and they can do things that are not in the consumers best interest.
But to compare them to shitbags like EA and Activision/Blizzard is an incredible thing to do. And removes any weight from your argument.
I knew comments like this would turn up. But it still saddens me that even Lemmy users, who ar in general much more cognizant of these things and less likely to get caught up in the circlejerk, can’t acknowledge that Gabe Newell isn’t your best freind, he is in fact just another money hungry corporate CEO.
You say comparing valve to say, blizzard is incredible, but the points you use to defend valve can also be made of them.
Is Overwatch 2 not free? With no pay 2 win features? Does Blizzard not pay for the server hosting anti cheat and matchmaking? Do they not also support there game for years? ( also I find that funny given the fact the TF2 community is going ballistic right now over the fact valve isn’t doing shit to support it against cheaters and bots)
Yes they provide a store front anyone can sell on. Including shitty asset flips, early access pump and dumps, predatory spyware etc. And are very reluctant to do litersly anything about it when those scams are called to attention.
And again, that storefront isn’t some altruistic endeavour Gabe took on out the kindness of his heart. No he’s made BILLIONS by exploiting the worl of others, just like every other billionaire. And if providing a basic service makes up for your predatory bullshit, well we might as well let literally every other CEO off the hook then right?
It’s not a bad in to admit you got sucked in my propaganda or marketing or just general Internet circlejerks, what is a bad thing is to vehemently refuse any introspection on your current beliefs and defend them to the death simply because they are what you currently believe. I really hope I can reach out to people on Lemmy and that you guys can actually take a step and try to look at things objectively instead of doubling down.
I knew comments like this would turn up. But it still saddens me that even Lemmy users, who ar in general much more cognizant of these things and less likely to get caught up in the circlejerk, can’t acknowledge that Gabe Newell isn’t your best freind, he is in fact just another money hungry corporate CEO.
I encourage you to point out where I did that. I think, you’ll find, I agree with you, for the most part.
You say comparing valve to say, blizzard is incredible, but the points you use to defend valve can also be made of them.
Is Overwatch 2 not free? With no pay 2 win features? Does Blizzard not pay for the server hosting anti cheat and matchmaking? Do they not also support there game for years? ( also I find that funny given the fact the TF2 community is going ballistic right now over the fact valve isn’t doing shit to support it against cheaters and bots)
Yes, one of the two companies you listed have one free-to-play game. If you want to focus on that and ignore the decades of anti-consumer, money-grubbing behavior, I don’t think I can help you.
Yes they provide a store front anyone can sell on. Including shitty asset flips, early access pump and dumps, predatory spyware etc. And are very reluctant to do litersly anything about it when those scams are called to attention.
Are you referring to Steam: Greenlight? Because, you know, they shut that down 8 years ago. Or, maybe you’re referring to the mod marketplace they tried to start, and then shut down because of the backlash. That was 9 years ago.
And again, that storefront isn’t some altruistic endeavour Gabe took on out the kindness of his heart. No he’s made BILLIONS by exploiting the worl of others, just like every other billionaire. And if providing a basic service makes up for your predatory bullshit, well we might as well let literally every other CEO off the hook then right?
Actually, Steam originated as an effort to block Microsoft’s plans to turn PC gaming into a walled garden, like the consoles are. Sure, Valve make money off it, but there IS a consumer-friendly reason for it to exist.
It’s not a bad in to admit you got sucked in my propaganda or marketing or just general Internet circlejerks, what is a bad thing is to vehemently refuse any introspection on your current beliefs and defend them to the death simply because they are what you currently believe. I really hope I can reach out to people on Lemmy and that you guys can actually take a step and try to look at things objectively instead of doubling down.
Try this yourself.
Your post has an arrogance to it that smacks of “I’m always right, agree with me or be wrong.”. I’m not saying it’s intentional, but it comes across pretty strongly.
Also, don’t pigeon-hole people who disagree you into GABEN4LYEF RIDE OR DIE fanatics, and we might just have a constructive conversation.one of the two companies you listed have one free-to-play game. If you want to focus on that and ignore the decades of anti-consumer, money-grubbing behavior, I don’t think I can help you.
That’s my point to you exactly. You’re ignoring all of valves anti-consumer bullshit because they made a video game you like.
Are you referring to Steam: Greenlight?
No, I’m just referring to the steam store itself, that just allows all that shit to this day.
Sure, Valve make money off it, but there IS a consumer-friendly reason for it to exist.
So what’s the “consumer friendly” reason they don’t let you actually own your games?
Try this yourself.
I did. I used to be on the “omg Gaben so cool! Steam sale take my money you XD” circlejerk too. Then one day I heard about his fleet of luxury mega-yatchs and that made me look at things properly, that he was again just another billionaire leaching off the work of others.
Also, don’t pigeon-hole people who disagree you into GABEN4LYEF RIDE OR DIE fanatics, and we might just have a constructive conversation.
I’m not. That’s what you are doing to yourself by just completely disregarding decades of anti-consumer bullshit because they made a couple games you like.
You’re just outright dismissing undeniable shitty behaviour from Valve for entirely superficial reasons, then when I show you you’re justifications can be used with other gaming companies that get hate, you dismiss that without reason too.
You will probably consider this over dramatic but this interaction has 100% genuinely killed my last remaining scrap of hope for humanity. If people on Lemmy who are generally both left wing and intelligent, can’t even acknowledge that billionaires that push anti-consumer bullshit are bad (even when they make a bideo game you like) then what hope is there of the general public understanding that? We’re truly never going to change anything and we’re just going to let the billionaires destroy us.
Thank you, goodnight.
Until you acknowledge that my position has nuance and is not diametrically opposed to yours, there is no reason to engage in debate.
You’ve repeatedly misrepresented my stance to make it an easy target for dismissal.
I asked you to point out where I made the claims you attributed to me, you did not.
I think you also need to give up the idea that everyone on a given platform will be as ‘enlightened’ as you are.
Everyone has their own thoughts and opinions. There is infinite room for microscopic differences. Straw-manning and pigeon-holing does nothing but annoy people and make you look boorish. Nobody wants to engage with that.
I will acknowledge that if and when you make a position with actual nuance. “You can’t compare Valce to Activision because valve makes free games” isn’t nuanced and is just ignorant.
I asked you to point out where I made the claims you attributed to me, you did not.
??? No you didn’t? I even just re read this whole thread. You literally never asked that???
I think you also need to give up the idea that everyone on a given platform will be as ‘enlightened’ as you are.
Clearly.
Everyone has their own thoughts and opinions.
Yep, some people have class consciousness and actually want to talk about the failures of capitalism and the atrocity of people having billions of dollars while others starve and live on the streets. And others want to defend those billionaires because they run a company that made a video game they liked 20 years ago.
He also normalized hosting kid’s content and adult/gambling content on the same platform. Anyone who tried to open up a game store that also sold adult material would get crucified nowadays.
The reason Steam is praised so much is because unlike EA and Activision, regardless of what they try to push that they shouldn’t, they do put in the effort of going back and looking at issues from gamer’s eyes. Those cosmetics? They came about at a time when P2W was much more of a concern, and paying for something merely visual was considered much more acceptable. Early access? It came about from trying to open up development to more indies instead of just the big devs and publishers. Licensing instead of owning? The alternative were much more costly physical copies that also degraded with time and which you had to maintain a backup of yourself. If your local game store didn’t have it, you were screwed, and there could be no discounts. Porn on the platform? Don’t care, not a child and I’m responsible.
Even then, I still damn Valve on both normalizing licenses on a subscription service that were it not for its market dominance could easily be teetering right now along with most people’s game library’s, and for not bothering to make an adult/gambling only version of a game store. GOG needs a competitor (remember Devotion and now Nine Sols), and it has none. It is possible to make money and be a digital distribution service without being a subscription service. There should be far more distance between adult and predatory content and normal gaming content, not all parents are responsible and it more easily creates communities predators can target from overlapping interests.
Making the claim that adult content = predators preying on children has a couple issues:
- Predators are incredibly rare, and it has been repeatedly shown that these claims of predators-behind-every-account are blown out of proportion for political scare reasons (see Satanic Panic, all of human history for more examples).
- Even if the above weren’t true, why on earth would those people be spending their time on adult content instead of, say, roblox or minecraft? You know, games for children, that children play?
The debate over steam hosting adult content is some really regressive stuff. An alternative take, the one I hold, is “It’s really heartening to see a major content platform not giving in to the conservative moralists that view anime tiddies as somehow damaging to the fabric of society. Making sexuality a less shameful topic for discussion also, conveniently, reduces ‘shame’ as an effective lever for preying on children, and makes them more likely to come forward and tell people when they’re actually in danger”.
All it takes is another client, a lot of argument for not wanting to take one iota of minimal responsibility. Predators are not rare, they literally fuel television series regarding them. They don’t have to be many to be a threat, either, all it takes is a small number of very active ones. They do target children’s game, having adult content facilities introducing children to it as “lol lemme gift u / giv u dis CD key its so sik”. https://www.nytimes.com/interactive/2019/12/07/us/video-games-child-sex-abuse.html - What alternate reality do you live in?
The first sentence of that article lists Minecraft and Fortnite.
Neither of those games are available on Steam.
…
So, and stop me if this is too wild a conclusion, it maybe just might possibly be the case that having separate storefronts doesn’t actually have any impact on sexual predation of minors in videogames.(Edit: actually, none of the games listed in that article are available on steam. Did… did you even read it?)
You were the completely utter moron who said predators “are incredibly rare”, I was just disproving it. Now you are just moving the goalpost. Yeah, time to disconnect from pervs who are asking to handhold them through basic logic they don’t want to see when all they will do is try to troll on whatever minutiae they think they can focus on to move the goalpost again.
Well I know for sure ain’t nobody mentioning the Nestle CEO, Laurent Freixe, on here 🤣
can’t decide yay or nay for Mozilla but
Valve and CloudFlare.
Definitely valve. Say what you will about the man, or don’t, I’m not your manager, but he has kept the same formula to steam since it was created. While other empires crumble and fall to enshittification, valve simply is.
We need Gabe to stick around as long as possible. If he wants to buy yachts and gamble with the money he has, let him. He didn’t get to where he is by chasing every last dime and dollar, he got there gradually by running the company in such a way that it served the user base. As long as Valve’s Software continues to focus on the user, we should leave this one alone.
Cloudflare provides valuable services this day on age but they’re building into a dangerous monolith of internet structure. Not sure how comfortable I am with that
CloudFlare’s dns seems like a better choice than Google’s (from a mullvad dns user)
I’m a Quad9 guy myself but DNS is one of the things that isn’t really being monopolized.
More worrying that they’re becoming a reverse proxy for literally everyone via their DDoS protection/anti-intusion services.
Which are quite good, let’s be honest, but that afford them the ability to monitor and censor, and if they have a failure they take down a large portion of the internet with them.
They could also start fucking with net neutrality, picking winners and losers as far as what services function in a viable way. Just because they haven’t doesn’t mean it isn’t uncomfortable that they’re in a position to.
google dns is the default, your isp likely uses google dns upstream.
Gabe has like 7 yachts doesn’t he?
Gaben is number 107 on the Forbes top 400 billionaires list.
Dude is fucking stacked
He’s filthy rich and makes some of his money with gambling addiction. But his company invests million into Linux and I really enjoy Valve’s products. There are thousands of worse CEOs and companies.
He’s also the original ceo of valve. Didn’t sell it out and have corporate ceos just casually going in and out.
And by all accounts, runs a great company to work for. Tons of freedom to experiment. Small staff. Great pay and benefits.
Yup. I’m an electrician in Seattle. We’ve built his offices and got to interact with his staff. I remember him mentioning to our GC the idea of having his offices open 24/7 to his staff with amenities was because the guy who came up with the idea is steam liked to work at night.
It has to be one of the most profitable companies on the planet. So much revenue with so little staff
Is the CEO of costco still a decent guy?
The hot dogs are still $1.50
And the roast chickens are still the cheapest in town.
'Frade not. They are currently executing union busting measures against their workers.
Did they actually go through with it? I remember them attempting it, but then immediately backing down and issuing a very reasonable response letter basically saying they were clearly in the wrong and allowed the union to form. I could totally be unaware of any more recent developments though.
Costco recently got a new CEO. The company had been pushing scummy tactics ever since.
I would rather focus on billionaire and millionaire than CEO since both are not automatically interchangeable… .
You can be a CEO In a small business without being a millionaire of the same category as the one of United HealthCare
This thread is cursed. First, “lets make a list of CEOs who are incredibly cool aktuly”. Then “you know who are better than the mega-rich? The delusional wanna-bes who nickel and dime everyone they do business with in the vain hope of hitting the big time”.
Worst human being I ever worked for was a guy who’d franchised out a college exam prep business and expected me to be on call 24/7 for $250/week. Guy was charging $2500/student for a six week course and my class had ten of them. Fuck small business owners.
So your one experience represent all small business owners… Just wow
Thankfully you don’t paint with a broad brush 🙄
Bill Long (now retired), who helped to transition WinCo into an employee owned business.
Any CEO that champions OpenSource software is good enough to me
Newman’s Own salad dressing. Privately owned and all profits go to charity.
Sam Reich of Dropout TV
He’s been here the whole time!
Is he even technically rich-rich? Or is he just my-parents-have-money rich?
It’s to my understanding that Dropout is doing pretty damn well, so I imagine he’s pretty rich from that. Not billionaire rich, but likely a millionaire.
Dropout’s doing well as an upstart company, but I don’t know if its profitable by a long shot. Sam pays well and he’s got a growing cast/crew with expanding budgetary needs. Who knows how much debt he’s carrying, either. I’m even willing to bet he’s not the sole proprietor. It’s been reported that cast and crew are in a revenue sharing arrangement with the company
Dropout officially retired all CollegeHumor branding in September 2023. Later that year, Dropout shared its profit with its employees and other workers
a habit that would definitely cut into its valuation if these contracts weren’t terminated.
With subscription in the hundreds of thousands, its undeniably a success. But how much does that actually translate to Sam Reich himself? Much harder to say.
Yeah I’m not sure he’s actually a wealthy CEO. According to some random articles I’ve seen Dropout is only recently profitable and has started to hire more full time employees which is great. Either way, assuming he’s consistent with his views, I think he’s one of the very few CEOs I would really want to spare.
Mike “My Pillow” Lindell… HEAR ME OUT… I don’t agree with his politics, but the dude is hilarious.
