Valve’s business grew by 50% in 2012 – Gabe Newell

Celebration with a Steam sale?

Posted By | On 15th, Mar. 2013

gabe newell

Gabe Newell has revealed that Valve was pretty successful in 2012 and their business grew by 50%. Steam had also hit 6 million concurrent users last year and that is an indication that the service has come a long way since its inception back in 2003.

However, they also let plenty of people go including notable ones like Jeri Ellsworth, who was working on the Steam Box project, which is looking quite weird right now since Valve has denied that they are in partnership with Xi3. The latter also released a statement saying Valve did in fact commission them to make a box.

He also revealed that one of the Dota 2 updates was responsible for 2% of all mobile and land-based internet activity. This could be United States only and seems to be an outrageous statistic if true.

The company did make a lot of profit due to Dota 2, so he may be telling the truth but we don’t know whether they are worldwide stats or not.

He was also given the BAFTA Fellowship, and we have the video for that as well. (via Rock Paper Shotgun)


Tagged With: , ,

Amazing Articles You Might Want To Check Out!

Keep On Reading!

The Blood of Dawnwalker Will Not Limite Exploration and Gameplay With Time Limit

The Blood of Dawnwalker Will Not Limite Exploration and Gameplay With Time Limit

While The Blood of Dawnwalker's narrative will feature some sort of 30-day time limit, the developer has confi...

15 Games That Are Likely to be Officially Announced/Unveiled in 2025

15 Games That Are Likely to be Officially Announced/Unveiled in 2025

We're expecting to hear more about these games in the coming months in an official capacity.

New Mario Kart Seemingly Teased With Over 12 Players on Nintendo Switch 2

New Mario Kart Seemingly Teased With Over 12 Players on Nintendo Switch 2

Nintendo may have teased the next Mario Kart in its Switch 2 reveal trailer, with a more open track and new mo...

Pokemon Game Detailed in February Event Will be For Switch 1 – Rumour

Pokemon Game Detailed in February Event Will be For Switch 1 – Rumour

While The Pokemon Company is undoubtedly working on a Switch 2 title, the one to be showcased in February will...

Nintendo Switch 2 Experience Announced With Select Cities Going Hands-On

Nintendo Switch 2 Experience Announced With Select Cities Going Hands-On

Paris and New York will be the first cities getting a chance to play Nintendo's new console for the first time...

Nintendo Switch 2 Officially Announced, More Details to be Revealed in April

Nintendo Switch 2 Officially Announced, More Details to be Revealed in April

Out in 2025, the Switch 2 features an all-new design, with coloured accents on the JoyCons, and a new mechanis...