Comments by "CreeperOnYourHouse" (@CreeperOnYourHouse) on "Gabe did nothing and won.." video.
-
Because valve is privately owned, they aren't legally bound to try to squeeze every possible last but of profit from the consumers for the stake of their stock holders. The moment it goes public, if it does, the gates will be open.
Publicly held companies are legally bound to always increase their profits by any mean necessary, to avoid stock manipulation where they purposefully lower their value to make it easier for certain parties to profit in weird stock ways. Downside is that once it grows to its largest reasonable size, like patreon, Google, Netflix, and Apple, they start doing extremely anti-consumer things, because according to the law they have to do what they can to make more money.
1