Gabe Newell Quotes


It used to be that you needed a $500-million-a-year company in order to reach a worldwide audience of consumers. Now, all you need is a Steam account. That changes a whole bunch of stuff. It's kind of a boring 'gee, information processing changes a stuff' story, but it's going to have an impact on every single company.


Citations

Newell, Gabe. "Productivity, Economics, Political Institutions." Guest Lecture, LBJ School of Public Affairs, University of Texas at Austin, 30 Jan. 2013.

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Gabe Newell
Gabe Newell
  • Born: November 3, 1962
  • Nationality: American
  • Profession: Businessman

Gabe Logan Newell is an American businessman and the co-founder and president of the video game developer and digital distribution company Valve. He was educated at Davis Senior High School and attended Harvard University in the early 1980s before dropping out to join Microsoft, where he helped create the first iterations of the Windows operating system. With Mike Harrington, he left Microsoft in 1996 to found Valve; Harrington left in 2000, leaving Newell as the sole owner. As of 2020, Newell had a net worth of approximately US$4 billion.