Newell: Valve would likely "disintegrate" before a sale
Independently minded staff would leave before any acquisition, says co-founder
Valve's Gabe Newell has said that the company would more likely "disintegrate" than be acquired by a larger business.
Speaking to the NY Times, the co-founder of the Half-Life studio and Steam business said it was much more likely that talent at the 300-strong business would prefer to leave rather than ride out the years following an acquisition.
"It's way more likely we would head in that direction than say, 'Let's find some giant company that wants to cash us out and wait two or three years to have our employment agreements terminate,'" he offered.
According to the report, Battlefield and Madden publisher Electronic Arts has made enquiries about buying Valve in the past, with an unnamed source suggesting EA would have valued the company at well over $1 billion. Prolific industry commentator Michael Pachter estimated Valve could be worth around $2.5 billion.
The company famously has a flat management structure that favours self starters, and hires individuals for their overall talents rather than specific skills.
Also, I would've thought that the most note-worthy things about that NYT article would be the talk of hardware, given how crazy people get when the prospect of Valve doing hardware is broached. The fact that Valve are saying they "hadn’t decided whether it would make glasses itself. But its ultimate goal is to share its designs freely so other hardware companies can make glasses, too." is interesting, no? It shows that Valve are focussing more on the straight R&D aspects, rather than R&D and manufacture.
I can't understand why any self-starter would settle for having their name be absorbed into an alphabetical list in the credits. Your name is your most lasting piece of IP ownership. It's one thing you can never be parted from (sorry, you can be parted even from a company that you founded). So if you aren't getting upfront credit for core creative that you do, you are losing your most important piece of branding.
Edited 1 times. Last edit by Tim Carter on 10th September 2012 4:40pm
Always has, always will.
Edited 2 times. Last edit by Tim Carter on 10th September 2012 10:22pm
Always has, always will.
Edited 1 times. Last edit by Tim Carter on 10th September 2012 10:43pm
I will explain simply like this: go to any major art museum. The names of the creators are up front and centre. The names of the owners (of those pieces) are secondary.
This is one of the bedrocks of Western Art Tradition. If you take issue with this, go take it up with museum curators why the contributions of individual artists are important. Even in a medium as collaborative as film (which, by the way, is more collaborative than games), the individuals matter.
Edited 2 times. Last edit by Tim Carter on 10th September 2012 6:42pm
Always has, always will.
Edited 1 times. Last edit by Tim Carter on 10th September 2012 10:17pm
I would say what you want, and what you're talking about, is more about hubris than recognition. A game isn't a painting. You didn't make it on your own, and everyone involved helped realize that art. If you want your name to stand out in the credits, learn to code and make it yourself. If you want to be part of something bigger, and more incredible than the works of just one man... well apply to Valve and pray you meet their incredibly high standards.
Always has, always will.
Edited 3 times. Last edit by Tim Carter on 10th September 2012 10:17pm
I'm sure there are lots of instances of lead developers, producers, writers, etc. who have created something so special that they really did deserve far more recognition than others on their teams, but that's obviously not the case all the time, especially at Valve. If you do ever get around to reading their employee handbook you'll see that every coder is expected to be a writer as well and every writer is expected to have input into the gameplay, and you literally have no job title or manager.
A great example of this is Portal. Everyone gave Kim Swift TONS of credit for Portal, and when she left to go make her own thing, she made Quantum Conundrum. Meanwhile, the remainder of her team and the guys at Valve made Portal 2. Which of those two games will be remembered?
Some things, like music, require someone to stand out. Some things, like games, require everyone to work together so well that when you're really doing it right, people will recognize you forever for the company you keep, and not for your name plastered on the top of some game credits.
Edited 1 times. Last edit by Nicholas Pantazis on 10th September 2012 7:25pm
In my experience, a game has rarely been the effort of just one person. It's always been team work. I've seen cases where some people get too much credit for what they've actually done, sometimes simply because they yap louder than the rest, and others become almost ignored despite the extra efforts they've put in.
I've been a lead on many of my projects and I can guarantee you most of the time I wouldn't have shipped them by myself if I didn't have a competent and dedicated team to help me. Also some of the best projects I've worked on were those where everyone was welcome to make improvement suggestions that were seriously considered. Team work is just as important as having good leaders. The idea here is to recognize that good leaders also need good team members to complete the picture and turn ideas into real projects.
Always has, always will.
Edited 6 times. Last edit by Tim Carter on 10th September 2012 10:18pm
How ironic.
(Man, how come I'm the only one standing up for this shit? I never wanted this.)
Edited 3 times. Last edit by Tim Carter on 10th September 2012 10:21pm
Perhaps because I couldn't believe what I was reading.
Great games are not made by one man or woman but a team of talented 'men and women'. Of course you will say "what about great directors of films or music artists and all their lackeys?". Well my answer is that those industries are old fashioned and clinging onto the 'old ways' when it was fine for one to take the credit of many.
But these days we enlightened folk like to share things; credit being one of them and the notion of one person being any more important than anyone else on the team is just infantile. Work together, win together or fail together. I applaud Valve for their alphabetical listing of credits, kudos to them.
I designed all the games my company has released, I wrote and recorded all the music, recorded and edited all the sound effects, coded systems and functionality, made graphics, scripted levels and marketed the games (and all the other stuff that goes with running a company). But I would never say I was more important than anyone else on my team or put any indication of that in our games. That is why I never put ‘who did what’ in the credits or my name would be on every listing and that is just glory hunting plain and simple.
A bit of humility goes a long way to keeping your team happy and producing great products with no friction whatsoever.
That is why I 100% disagree with your views.
Edited 2 times. Last edit by Darren Adams on 10th September 2012 10:54pm
How dare I believe that an individual creator should have their contibution recognized?
As we all know, individuals have never been marginalized or crushed by the group. No. Never.
Blasphemy. Pure and simple.
The mob will not tolerate this.
Edited 1 times. Last edit by Tim Carter on 10th September 2012 11:35pm
Oh btw you missed your sarcasm tags, aren't you down with the culture? Geez, kids these days.
But Tim, you don't. You clearly believe that others' contributions should receive less recognition than yours.
If you're wondering about the reaction to that, it's because you're showing a lot of disrespect to your co-workers and potential co-workers.
Valve's method of crediting people is perfectly fair and democratic, recognising that a game is not made by its leads and managers first but by the combined and equal efforts of every single person who worked on it. They should be lauded for that, rather than reviled - especially when so many other developers decline to include credits in their games at all.
Also, it bears pointing out that people at Valve don't really have formal job titles and many are multidisciplinary contributors, so a traditional credits list would just be confusing with people being listed multiple times for each discipline they worked in.
Edited 2 times. Last edit by Jessica Hyland on 14th September 2012 3:39pm