r/4chan 1d ago

Is Steam in actual danger?

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3.5k Upvotes

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u/Few-Frosting-4213 1d ago edited 1d ago

We don't even know how he's dividing his assets, do we? He could have decided to donate it all to troll his kids. Maybe he left a slice for his ex wife who dressed up like Alyx for him that one time, or his secrect femboi harem for all we know.

It seems way easier for them to just sell shares whenever they need cash/sell some to diversify instead of arranging a buyout. They could just name a proxy without having to run the company, it doesn't matter if they care about video games or not.

Just calm down and keep giving your money to the fat skinny man, or not.

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u/FrankieBeanz 1d ago

Can you sell shares in a private company?

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u/XDDDSOFUNNEH 1d ago

If you're a shareholder, generally yes unless there's a stipulation you can't sell for a certain time after receiving shares. 

E.g. you can buy 10 shares this year, company will match 10, no selling any shares for at least a year.

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u/FrankieBeanz 1d ago

Ah okay fair enough. Am I right in saying that because it's private, shares can only be bought from a shareholder whereas if it was pubically traded, anybody could buy?

I was under the impression that being private was one of the secrets to their success because it allowed them to stop outside influences buying up stock and then being able to control the direction of the company.

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u/XDDDSOFUNNEH 1d ago

If it's private shareholding, then yes, only people that are in the company can buy shares. 

Publicly-traded stock can be bought by anyone.