Everyone I know personally still loves steam. We hate more than a few banks and strongly dislike the visa/mastercard duopoly but steam is great. Guessing the game drought is causing some news publications to reach for a story.
I'm not trying to disparage steam, I actually really like them[1]. I'm pointing it out because it's a business strategy we don't see that often: loyalty. I mean what other billionaire do you know where there's tons of memes of but is also overwhelmingly seen in a positive light? Sure, he doesn't have Elon money but dude has $10bn, I don't think another $290bn is really going to make a big difference in his life[2]. He has way less controversy than Elon had even before all the political stuff. Steam is like Costco, except Gabe is a billionaire.
What I'm trying to say is that you can become a billionaire by building a quality product and through customer loyalty. These things don't have to be mutually exclusive. You can be fucking rich, your employees can be fucking rich, you can build a useful, AND a beloved product. In a time where we live in a Lemon Economy, where it is all about making the s̶h̶i̶t̶t̶i̶e̶s̶t̶ ̶t̶h̶i̶n̶g̶ ̶u̶s̶e̶r̶s̶ ̶w̶i̶l̶l̶ ̶b̶u̶y̶ minimum viable product, where we rush for the newest feature and loudest bells and whistles (regardless of if they actually work), Steam stands out.
I want more companies like Valve/Steam.
[0] https://upptic.com/valve-structure-employment-numbers-revenu...
[1] Like another user pointed out, they won be over with Linux gaming. I've had a great experience with them, even from the early days. You could tell through github issues they cared. They wouldn't just dismiss things like "oh, we don't support that distro" and actually just figure out what's going on (because your distro doesn't actually matter). They were clearly nerds themselves and nerds that cared.
[2] You just can't spend that kind of money. Fucking MacKenzie Scott is trying to give her wealth away as fast as possible, has already given away half her wealth, but she has the same net worth as when she divorced Bezos. Compound interest is a crazy thing.
[3] P.S. Fuck Visa and Mastercard. Unless my transaction is illegal, you better fucking process it. Anything short of that is holding my own money hostage. That is fucking theft. You created the duopoly. Don't get greedy or you'll lose it.