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Forums - PC Discussion - Microsoft buys GitHub for $7.5 billion

Snoopy said:
Chazore said:

Getting on with age doesn't automtically say that he's going to sell  the entire company to MS.

He doesn't agree with MS at all, so I doubt he'd even sell to them at all. 

He loves money.

According to Forbes, Gabe Newell's net worth is about 5.5 billion $. That guy doesn't care about money anymore. He can't spend all of his dough in his lifetime anyway. It makes zero difference if he has 5.5 billion in the bank or 11 billion or 20 billion or whatever. There's nothing Microsoft has to offer to him. Plus he hates Microsoft. He literally quit his job there back in the days to start Valve, because he wasn't happy with the company. There's no way in hell Gabe Newell would ever sell Valve to Microsoft. Absolutely zero chances at all. 

Minecraft was different as Notch wasn't a billionaire before. For him it was a very tempting deal and I won't judge him for not turning it down (well, maybe a little =P). Maybe Microsoft can buy Valve once Gabe Newell drops out of the company. But I don't see that happening in the next 20 years. If Valve continues to grow until then, Microsoft couldn't afford Valve by then anyway.

There's of course the slight possibility that Valve goes public which would allow Microsoft a hostile takeover in theory. But I really don't see any reason why Valve would do that. They don't need any more money. Their business model consists of high income and very low expenses. No point in raising cash by going public.

Yeah, so all in all, Valve won't get bought by anyone anytime soon.



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OdinHades said:
Snoopy said:

He loves money.

According to Forbes, Gabe Newell's net worth is about 5.5 billion $. That guy doesn't care about money anymore. He can't spend all of his dough in his lifetime anyway. It makes zero difference if he has 5.5 billion in the bank or 11 billion or 20 billion or whatever. There's nothing Microsoft has to offer to him. Plus he hates Microsoft. He literally quit his job there back in the days to start Valve, because he wasn't happy with the company. There's no way in hell Gabe Newell would ever sell Valve to Microsoft. Absolutely zero chances at all. 

Minecraft was different as Notch wasn't a billionaire before. For him it was a very tempting deal and I won't judge him for not turning it down (well, maybe a little =P). Maybe Microsoft can buy Valve once Gabe Newell drops out of the company. But I don't see that happening in the next 20 years. If Valve continues to grow until then, Microsoft couldn't afford Valve by then anyway.

There's of course the slight possibility that Valve goes public which would allow Microsoft a hostile takeover in theory. But I really don't see any reason why Valve would do that. They don't need any more money. Their business model consists of high income and very low expenses. No point in raising cash by going public.

Yeah, so all in all, Valve won't get bought by anyone anytime soon.

Gabe loves money tho.



Well, good I guess? Had toook up what github. So long as they deal with it fairly i have no problem with it and to their credit since Satya took over they have done that,



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MasterThief said:
thought github was for open source stuff. this sounds a little pointless. aside keeping proprietary software ahead of the open source stuff so people buy it

Open Source is at this point extremely important in the software world. You use Open Source, even if you're not aware. Simple example: this site is made with PHP, which is Open Source Software. Windows contains Open Source (although it itself isn't). Most game makers use a few tools that are Open Source. Software for developing software is in majority Open Source. So Microsoft paid a lot of money to stay in the game.



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Azzanation said:
Aura7541 said:

And Steam earns Valve a lot of money. Your point is moot.

Nothing can compare to a big lump sum of money before retiring.. look at Minecraft.

My opinion it doesnt bother me if MS buy Steam or not, i enjoy both there services alot.

As for the OP, i wonder why MS wanted to buy Github?

I assume you have the numbers to back that up. So there is evidence that the amount Microsoft bought Minecraft exceeds the money the IP earns had Notch kept it?



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Aura7541 said:
Azzanation said:

Nothing can compare to a big lump sum of money before retiring.. look at Minecraft.

My opinion it doesnt bother me if MS buy Steam or not, i enjoy both there services alot.

As for the OP, i wonder why MS wanted to buy Github?

I assume you have the numbers to back that up. So there is evidence that the amount Microsoft bought Minecraft exceeds the money the IP earns had Notch kept it?

I think its pretty evident that Minecraft racks in a good amount of money, its not just the video games but the franchise itself with merchandise etc. No i dont have concrete evidence, i am basically just saying a lump sum of money placed infront of human eyes can be tempting. Valve makes money and Gabe earns his money but i can say Gabe does not take home 100% of the earnings through Steam. He will have expenses.

$5b is $5b. I dont reckon he will sell but humans arent perfect either. Thats is a good retirement fund.



Gabe has already publicly on more than one occasion said he will never sell to MS.



Valve going to Microsoft would be a huge disaster. About GitHub, I don't know how to feel about that.



Que everyone jumping ship to GitLab.



Azzanation said:
Aura7541 said:

I assume you have the numbers to back that up. So there is evidence that the amount Microsoft bought Minecraft exceeds the money the IP earns had Notch kept it?

I think its pretty evident that Minecraft racks in a good amount of money, its not just the video games but the franchise itself with merchandise etc. No i dont have concrete evidence, i am basically just saying a lump sum of money placed infront of human eyes can be tempting. Valve makes money and Gabe earns his money but i can say Gabe does not take home 100% of the earnings through Steam. He will have expenses.

$5b is $5b. I dont reckon he will sell but humans arent perfect either. Thats is a good retirement fund.

Why would he sell to Microsoft though? Surely Amazon, Google, Apple or even someone like Tencent would be more likely. And I don't know about you guys but I could see it being bought for a hell of a lot more. More like 30BN. It generated 4.4BN in revenue last year and it's growing still. Why would they sell for so little?

 

Say it makes 1.5BN profit a year. It would only take a company about 3 years to make back their money if they bought it. Not to mention if they actually developed new games like half life 3 profits could be much higher. So yeah if a company like Microsoft, Apple, Amazon or a Google want to buy such a profitable gaming business they are going to have to pay a hell of a lot more then 5BN. We're talking 30-50BN imo. 

Random_Matt said:
Gabe has already publicly on more than one occasion said he will never sell to MS.

All the more reason why Amazon, Google, Disney, Apple or Tencent among others would be more likely then Microsoft. Hell even Sony. 

WolfpackN64 said:
Que everyone jumping ship to GitLab.

Looks like it's already happening.

 

"there are legitimate concerns that Microsoft will need to address. GitLab, a GitHub competitor, claims it has seen a 10x increase in the amount of developers moving their repositories over to its service, an early sign that there’s some developer unrest."