this post was submitted on 04 Nov 2025
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[–] LodeMike@lemmy.today -2 points 3 days ago (1 children)

Holy fucking shit Lemmy is becoming like Reddit. Can you guys learn to think please. This whole thing stated because I replied to this message

As long as it remains privately owned, it should be OK. The day shares go public, god forbid, will be the beginning of the end.

With something "that's not true because private equity is bad and that's still privately owned" and you all act like I said that all private ownership is identical to private equity.

This is a very plausable thing that can happen to Steam. Doesn't Gabe not have kids?

Like what the fuck?? Am I going insane? Am I dreaming?

[–] Almacca@aussie.zone 4 points 3 days ago* (last edited 3 days ago) (1 children)

Am I going insane?

I'm not ruling it out ;⁠)

Getting bought out by a private equity firm would be pretty dire for them as that never ends well, but that's not what I was talking about and I thought that was pretty clear, but you responded as though it was. 'Legally' they may be the same, but they're functionally very different, as the article I linked pointed out, but you chose to keep digging.

Whatever. You're right. Have a cookie.

[–] LodeMike@lemmy.today -1 points 3 days ago

'Legally' they may be the same, but they're functionally very different

Yes that's what I said.