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6 months agoIn 2022, Blizzard was valued at $60B and had a gross profit of $5.4B. Valve almost certainly had a gross profit more than that (Microsoft estimated $6.5B in 2021). $16B would be such a laughably low figure for the company, especially since Microsoft bought Blizzard at $70B (market cap of $74B around the same time). Not to mention how low-risk Valve’s profit is.
It does indeed.