DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!
   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
DarkVision Hardware - Daily tech news
June 16, 2019 
Main Menu
News archives

Who's Online
There are currently 79 people online.


Latest Reviews
Ewin Racing Flash gaming chair
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset

Follow us

Valve estimated to be worth over $3 billion

Posted on Friday, March 09 2012 @ 03:50:55 CET by

Forbes reports privately-held game developer Valve is estimated to be worth more than $3 billion. Valve co-founder Gabe Newell owns more than 50 percent of the company, giving him an estimated net worth of $1.5 billion. The magazine puts him 854th on the list of 1,226 global dollar billionaires.
Privately-held Valve Corporation is tight-lipped about revenues, and Newell doesn’t comment on his personal finances. So in order to estimate his net worth, Forbes consulted with video game industry insiders, equity analysts, investment bankers, and technology analysts to figure out what the company is worth. Even the most conservative estimates put Valve’s enterprise value at more than $3 billion, and since Newell owns more than 50% of the company, that means he’s worth at least $1.5 billion.

Valve is unlike any company in the video game business. More than half of their revenues come from selling downloadable games over Steam, which has dominated the digital sales channel since 2003, when it started as a platform for the company’s own games. In the years since, lack of competition allowed it to seize as much as 70% of the market: Today, Steam features in excess of 1,800 games from more than 50 different publishers.



DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2019 DM Media Group bvba