“Ninety percent of games lose money; 10 percent make a lot of money. And there's a consistency around the competitive advantages you create, so if you can actually learn how to do the art, the design, and the programming, you would be consistently very profitable.” IfsArtWould BeGamesLosesDesignPercentAdvantageProgrammingLots Of MoneyConsistentlyConsistencyNinetyProfitableCompetitive Advantage Author:Gabe Newell
“If you look at the requirements for just one piece, like art, from one generation of games to the next, it will change radically. You need people who are adaptable because the thing that makes you the best in the world in one generation of games is going to be totally useless in the next.” PeopleIfsWorldNeedsLooksArtNextGamesPiecesGenerationsUselessJust OneRequirementsOne PieceAdaptable Author:Gabe Newell
“Everybody understands that you're supposed to say 'our employees are our most valuable asset' to the point where, even if it's really true, they're not going to really trust you until you've earned that - same with customers.” IfsValuableCustomersEmployeeAssetsReally True Author:Gabe Newell
“If I buy a game on Steam and I'm running it on Windows, I can go to one of the Steam machines and already have the game. So you benefit as a developer; you benefit as a consumer in having the PC experience extended in the living room.” IfsI CanRunningGamesRoomsBenefitsWindowMachinesConsumersLiving RoomSteamDevelopers Author:Gabe Newell
“The PC is successful because we're all benefiting from the competition with each other. If Twitter comes along, our games benefit. If Nvidia makes better graphics technology, all the games are going to shine. If we come out with a better game, people are going to buy more PCs.” PeopleIfsGamesTechnologySuccessfulBenefitsCompetitionShining Author:Gabe Newell
“I'd like to thank Sony for their gracious hospitality, and for not repeatedly punching me in the face. If I seem a little nervous, it's because Kevin Butler was introduced to me backstage as the VP of sharpening things.” IfsLittlesSeemsFacesNervousHospitalityGraciousKevinButlersPunchingSonySharpening Author:Gabe Newell
“I think margins will be destroyed for a bunch of people. If that's true, then it will be good to have alternatives to hedge against that eventuality.” PeopleIfsThinkingBe GoodBunchDestroyedAlternativesMargins Author:Gabe Newell
“The internet is super smart. If you do something that is cool, that's actually worth people's time, then they'll adopt it. If you do something that's not cool and sucks, you can spend as many marketing dollars as you want, [they] just won't” PeopleIfsWantInternetSmartDollarsMarketingSuper Smart Author:Gabe Newell
“Most people who end up being successful have good grades, but it's orthogonal - there's no extra information than if they put together a website and have bunch of fans who love coming and seeing what they're doing.” PeopleIfsEndsTogetherSuccessfulSeeingFansInformationBunchExtrasGradesBeing SuccessfulWebsiteGood Grades Author:Gabe Newell
“If you look at a multi-player game, it's the people who are playing the game who are often more valuable than all of the animations and models and game logic that's associated with it.” PeopleIfsLooksGamesPlayerModelsLogicValuableAnimation Author:Gabe Newell
“Traditional credentialing really doesn't have a lot of predictive value to if people will be successful.” PeopleIfsValuesSuccessfulTraditionalBeing Successful Author:Gabe Newell
