Rajeev Vadhavkar

Main Product: Steam

Other Products: Games

Company History

● 1996: Gabe Newell and Mike Harrington leave Microsoft to found Valve

● 1998: Valve releases first game, Half-Life

● 2003: Valve releases Steam

Financial Info

● Privately-owned

● Estimated to be worth over $2.5 billion

● 75 million active users

Secret Sauce

● Self-disruption

● Focus on an ecosystem

● Privately-owned

Future: The Steam Machine

● Bring PC gaming to the living room

● Make PC gaming a more social experience

● Encourage community contribution