There is a big difference between people who reached insane wealth creating something they truly love and are passionate about and those who did it to make insane wealth tbhProbably going to be a lot of the usual rich person hate for him about this, but I'm happy for him. Dude was out (awkwardly) personally hand delivering Steam Decks just a few years ago. Let him live in an armada of yachts if he feels like it.
The previous owners are talking about still being in the yacht business with their turk shipyard, so GabeN probably fully own the company. After a few articles I found one from PC gamer that put it in perspective:Did he outright buy the company or is he a major partner?
The man is rich, and I suppose will ask something big from his new company to make a even bigger yacht in the future. Hopefully he is not retiring to do so.Newell acquiring a yacht company is very funny but not very surprising. The man himself already owns a small fleet of very expensive boats, including the Draak and Rocinante, and is set to take ownership of the $400 million Y722 superyacht (made by Oceanco) later this year. He only recently graced our pages for chatting about how he spends a lot of time at sea scuba diving.
Did he outright buy the company or is he a major partner?
Probably going to be a lot of the usual rich person hate for him about this, but I'm happy for him. Dude was out (awkwardly) personally hand delivering Steam Decks just a few years ago. Let him live in an armada of yachts if he feels like it.
But you'd never do that...So can I now buy a Yacht and return it if I haven't used it for more than 2 hours?
Everyones favourite videogame billionaire baller has splashed some more cash.
Think I'm going to have to update my avatar again.
Maritime GabeN
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More like only two revisions of each yacht before they make another modelIt's going to be hard to track him now if he owns a fleet. Half life 3 confirmed.
We'll see if he starts making really conceptual yachts. I feel like the dick swinging yacht game has tapped out of just the sheer size and is going towards wacka-doodle yacht ideas that will stand out from a crowd of other white/black traditional designed boats.Yacht salesman: "I'm sorry Mr Newell, I know you are extremely rich and all but that yacht you are looking for doesn't exist and i don't think anyone is going to make it for you. It's too extreme."
Gabe: "Oh, yeah?"
Valve was founded by ex-MS execs and they've made the most of their autonomy, so I wouldn't really worry about that outcome.The terms to sell Valve to Microsoft are already agreed upon. Just waiting to make the announcement public.
TBH just an xbox branded steam deck with easy access to game pass and maybe cloud streaming for the heavier games....I'd buy that for $15/month!!Valve was founded by ex-MS execs and they've made the most of their autonomy, so I wouldn't really worry about that outcome.
80s Synthwave lighting. I like it.Think I'm going to have to update my avatar again.
I think as long as GabeN is at the helm this ship isn't happeningValve was founded by ex-MS execs and they've made the most of their autonomy, so I wouldn't really worry about that outcome.
I don't know how ownership is divided, but I think the biggest factor could be what the main stake holders' kids want to do with their professional lives. I can see a scenario where they don't want to "burden" their kids with transferring the business to them. Founders must all be close to retirement age if not over.Valve was founded by ex-MS execs and they've made the most of their autonomy, so I wouldn't really worry about that outcome.