Our benevolent yachtlord for life won’t live forever. Next guy (or group of owners) may not be quite content with simply having a billion dollar yacht, might enshittify for more yachts quicker.
Point being, GabeN is no saint, but he shows restraint with his greed, if you can even call him greedy. Next guy might kill the golden goose and then we’ll all have a fun time because all our games are all on Steam. That’s the scary bit.
Good news is his kids appear to be level headed like him.
As they say wealth never lasts past the third generation. Gaben built it up, his kids understand their father and keep it going. The grandkids are spoiled and don’t get it and run it into the ground.
Whilst mostly true, to truly maintain wealth over many generations, you have to be very consistent with the culture that you pass down.
If Gabe is smart (I assume he is), he will know about the third generation problem, and how to mitigate it. He will talk about it with his kids and grandkids when they are old enough to understand. Building a culture around a shared set of values, making then understand that their success is built on providing the best experience to gamers that they can.
The other key thing, is to make the next generations understand that, whilst 10 years may seek like a long time, it really isn’t.
![Steam competitors be like. [Extended?]](https://thelemmy.club/pictrs/image/8d2d46eb-234c-41bd-b7c1-fb9c4c9f2508.webp){kind=link}
I wouldn’t classify it as “scary” quite yet.
Our benevolent yachtlord for life won’t live forever. Next guy (or group of owners) may not be quite content with simply having a billion dollar yacht, might enshittify for more yachts quicker.
Point being, GabeN is no saint, but he shows restraint with his greed, if you can even call him greedy. Next guy might kill the golden goose and then we’ll all have a fun time because all our games are all on Steam. That’s the scary bit.
I would still wait until we know who the heir apparent is to worry.
I feel like a peasant waiting to find out if the good old king’s son is gonna ruin everything.
Good news is his kids appear to be level headed like him.
As they say wealth never lasts past the third generation. Gaben built it up, his kids understand their father and keep it going. The grandkids are spoiled and don’t get it and run it into the ground.
So we got time.
Whilst mostly true, to truly maintain wealth over many generations, you have to be very consistent with the culture that you pass down.
If Gabe is smart (I assume he is), he will know about the third generation problem, and how to mitigate it. He will talk about it with his kids and grandkids when they are old enough to understand. Building a culture around a shared set of values, making then understand that their success is built on providing the best experience to gamers that they can.
The other key thing, is to make the next generations understand that, whilst 10 years may seek like a long time, it really isn’t.