Valve, one of the most recognizable studios in the industry, has and will remain a privately held company. It is the fear of intervention in creative decisions by shareholders that continues to be the major reason why Valve will not make an initial public offering.
"Any bad decision I ever see out there is because somebody created this different customer that was whoever funds them," lead designer Erik Johnson told PC Gamer, "and not the consumer of the product."
Said Valve boss Gabe Newell, "You end up with a totally different set of decisions, and the person who's trying to design the experience is like 'Okay, I guess we'll put Christopher Walken in our game.'"
Valve, responsible for several of the highest rated games in the industry, has remained independent since it’s founding in 1996. Valve is currently working on Portal 2, and has promised several big announcements later this year.
1 Comments
September 3, 2010
Good decision.