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This is because it’s still majority owned by the original founder(s).

This really makes me wonder if publicly traded companies are just a bad idea.

FWIW Epic is also privately owned.

It's kind of scary that in a way future of gaming is in the hands of one man (who is getting old btw).

When Gabe is gone I cringe thinking MS will do everything in their power to buy Valve and turn it to complete shit couple years later.