Presentation by: John Rabideau

Products

Financial Info

Privately held company 2012 estimate worth: $2.5 billion 2010 estimate revenue: $600-$800 million No outside investors

Relatively small ~400 employees

History

1996 – Founded by Gabe Newell and Mike Harrington

1998 – Released Half-Life (2008: 9.3 million copies)

2003 – Released Steam (2012: 54 million user accounts)

2004 – Released Half-Life 2 (2011: 12 million copies)

2007 – Released Orange Box

2012 – Announced Steam Machine

July 2013 – Released Dota 2

September 2013 – Announced SteamOS

What's Hot

SteamOS Steam Machines Steam Greenlight

Secret Sauce

Customer Loyalty Playtesting Updating released games

Since release in 2007, Team Fortress 2 patched 395 times, with 25 major updates (all for free)

Steam Sales

A Story on Valve Time

Competition

Predictions

Steam Machines Interesting idea Unlikely to collect large user base

Company as a whole Strong for years