Valve's Business Saw a 50% Increase In 2012

Griffolion

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Aug 18, 2009
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I am proud to be counted among Gabe's ranks. The hair is a nightmare to keep, though.
 

Zhukov

The Laughing Arsehole
Dec 29, 2009
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Just to clarify, what exactly does it mean for "business" to increase by 50%?

Does that mean a 50% increase in revenue or profit?

A 50% increase in the company's net worth?

A, uh... 50% increase in bandwidth use?

What?
 

VanQ

Casual Plebeian
Oct 23, 2009
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TF2 is the most played shooter of all time? My fellow gamers, I am proud of you. If asked I would certainly have said CoD or Halo but when I think that those games are all fragmented apart in yearly installments it suddenly becomes believable.

Anywhere I can go to see all-time stats for TF2? Like headshots made, ubers popped, bullets fired, players gibbed, etc?
 

rofltehcat

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Jul 24, 2009
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Well, Valve is doing great, others are failing and even the giant EA is struggling.
I wonder why? Can't be about treating customers the right way and sweetening bitter DRM pills (Steam is still DRM despite being much more acceptable than ubi/ea etc.) with great deals and community features people are actually using, right?

I mean who doesn't enjoy getting their DRM crammed in via a suppository and not even getting a lolly for it?
 

omicron1

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Mar 26, 2008
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Here's the thing, though... The last 7 years have been 100%+ increases. [http://m.joystiq.com/2012/01/06/steam-sales-increase-100-percent-for-the-seventh-straight-year/]
So while Valve is by no means struggling, things are starting to slow down a bit.
 

Phishfood

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Jul 21, 2009
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Zhukov said:
Just to clarify, what exactly does it mean for "business" to increase by 50%?

Does that mean a 50% increase in revenue or profit?

A 50% increase in the company's net worth?

A, uh... 50% increase in bandwidth use?

What?
I would assume a 50% increase in revenue, so that might not represent an increase in profit. Still, with them taking on new games at record rates with greenlight and EA proving once again they hate their customers it is no surprise valve are thriving. If only they would take this increased revenue and release half life 3. Maybe they are waiting for the internet to be upgraded so we don't break the entire net all downloading it at once?
 

Vivi22

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Aug 22, 2010
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omicron1 said:
Here's the thing, though... The last 7 years have been 100%+ increases. [http://m.joystiq.com/2012/01/06/steam-sales-increase-100-percent-for-the-seventh-straight-year/]
So while Valve is by no means struggling, things are starting to slow down a bit.
Could just be a result of the general market downturn last year. Retail sales in 2012 for the industry were down what? More than 20% I think. Can't remember the exact numbers. But if it's indicative of a general downturn for the industry as a whole, I'd say increasing by 50% while everyone else is falling 20+% is pretty good.

Point is though, we won't really know until a few years from now when this data point is either an anomaly or part of a clear trend.
 
Aug 1, 2010
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Daystar Clarion said:
Vault101 said:
Ive seen that image before but I like it so much its now my wallpaper
I do believe it's the Glorious PC Gaming Master Race, lording it over the dirty console peasants :D



Great picture.
Hmmmmm.....

Good depiction, but I think the whole story is better summed up by VG Cats

[image/]http://i1223.photobucket.com/albums/dd509/QuickDEMOL1SHER/5360bb791a74b04e183fbcc86b75be87.png[/IMG]

OT:
Good stuff I suppose.

I still worry when one company has virtual control, be it an awesome company or not.
 

Callate

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Dec 5, 2008
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I think I'm glad to hear that any portion of the video game industry is doing well. I'll admit I like Valve better than many others, and that that's a common sentiment probably has a lot to do with their bottom line.
 

II2

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Mar 13, 2010
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Valve are astonishingly successful as a business. They've seen an uninterrupted 50% increase in their business *every year they've existed* since 1996.
 

SecondPrize

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Mar 12, 2012
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Boris Goodenough said:
Ed130 said:
Sarcasm?

Trolling?
Isn't sarcasm a form of trolling?
Nah sarcasm is just the natural form of communication for asshole kids who grew up in an era where all socialization was done face to face, or at least over the phone with actual speaking.
 

CriticalMiss

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Jan 18, 2013
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Valve could make millions if they gave lessons to gaming executives on how to not be utter shits to their customers. Obviously Gabe prefers to lord it over the lesser companies though.
 

Saika Renegade

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Nov 18, 2009
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Probably because even Valve's sorest disappointments tend to be remedied with some degree of human dignity for the customer base. For instance, that whole WarZ fiasco. The fact that they actually asked unhappy customers to file support tickets for refunds puts them head and shoulders for customer care above EA.

I'm willing to give the benefit of the doubt of mistake over malice to a company that admits to its errors and is willing to reach out to me as a person to try and make amends when things happen.
 

theultimateend

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Nov 1, 2007
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Saika Renegade said:
Probably because even Valve's sorest disappointments tend to be remedied with some degree of human dignity for the customer base. For instance, that whole WarZ fiasco. The fact that they actually asked unhappy customers to file support tickets for refunds puts them head and shoulders for customer care above EA.

I'm willing to give the benefit of the doubt of mistake over malice to a company that admits to its errors and is willing to reach out to me as a person to try and make amends when things happen.
Yeah, they've been nothing but super nice to me and their services work AND are affordable.

They are a company that understands that markets can be met where all parties benefit. There is no need to prey on people.
 

Stavros Dimou

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Mar 15, 2011
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I'm not surprised. At all.
The way Valve is working allows it to do things others can't do.

Their workers have perhaps the most liberty in the industry in trying out and implementing their creative ideas in the games they make.
Instead of having a single person being the ultimate manager and lead designer of a game and be the only one who decides what gets in the game and what not,everyone who is working and has an idea is allowed to implement it,and shares it with other co-workers,and the mechanics/features etc are decided in democratic fashion -with individual workers voting if they like a feature or not.
Simply put,the combination of a different number of minds is more thoughtful and creative than a single person, which makes Valve's games to have something special.

Now their own developed games isn't the only profit bringers,Steam is another one.
Steam rules now digital game sales,but it wasn't always as popular. It exists like 10 years. When Valve made Steam it was alone,nobody else think of that and Valve was considered weird for doing it. But after lots of support in ways of extending the library,and adding features and convenience,Steam became the favored digital distribution channel for games for the majority of PC gamers and developers/publishers too.

Steam is now the most accessible digital distribution games store. Not only it has the largest library,but it's also supporting more input methods as you can use it with both mouse and gamepads,and it also supports the most paying options,like paysafecards,and its growing support list for various different aspects gets bigger and bigger.
While others have made Steam like programs recently,like EA with Origin and Ubisoft with Uplay, Steam holds a decade of experience and updates,and is at least a step forward in every aspect,meaning it leads the race of features and other ones try to catch up.
 

Something Amyss

Aswyng and Amyss
Dec 3, 2008
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Steven Bogos said:
The company's massive growth certainly kills dead any rumors that Valve letting go a number of employees [http://www.escapistmagazine.com/news/view/122094-Update-Valve-Fires-Hardware-Guru] earlier this year is a sign that it is struggling.
Assuming you take Gabe Newell at his word. But then, why would a man virtually unanswerable to anyone not tell the absolute truth? That would be MADNESS!

Gabe Newell has been playing the Mitt Romney "trust us" game for much longer than Mitt Romney. And we trust him. Because ponies.
 

Vigormortis

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Nov 21, 2007
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The 50% growth is impressive. (though not quite as impressive as their consistent 100% growth, every year, during the previous 7 years)

However, I'm more impressed by the "2% usage" of the total of all internet traffic, during their last Dota 2 update/patch.

That's a hell of a lot of bandwidth.

Jesus, I shutter to think what Dota 2 will become, in terms of it's internet presence, when it goes public.

Zachary Amaranth said:
Assuming you take Gabe Newell at his word. But then, why would a man virtually unanswerable to anyone not tell the absolute truth? That would be MADNESS!

Gabe Newell has been playing the Mitt Romney "trust us" game for much longer than Mitt Romney. And we trust him. Because ponies.
But...but...ponies! Ponies are a fantastic reason to trust his word!
 

Jamous

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Apr 14, 2009
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Daystar Clarion said:
Vault101 said:
Ive seen that image before but I like it so much its now my wallpaper
I do believe it's the Glorious PC Gaming Master Race, lording it over the dirty console peasants :D



Great picture.
That it is. Wow.

OT: The Valve powerhouse cannot be stopped it seems. Good. They're probably going to need it heading into consoles with the Steam Box. Also; Two Percent of mobile/land internet data? Wow. That's... That's impressive.