Valve, often perceived as an industry giant in the PC gaming world, surprisingly operates with a relatively modest workforce. Despite its dominant market position, Valve's size is significantly smaller compared to other major players like Ubisoft and Electronic Arts. Legal documents revealed that Valve employed just 336 people in 2021, with only a fraction dedicated to maintaining Steam, its primary revenue generator. However, Valve's efficiency per employee is unparalleled, outshining even tech giants like Apple and Facebook. This article explores both the challenges and triumphs of this unique company structure.
Valve's small team has been a point of curiosity for many. With just 336 employees, it stands in stark contrast to the sprawling workforces of its competitors. Despite its size, Valve manages to maintain its dominance in the PC gaming space, particularly through its platform, Steam. Only 79 employees are directly involved in Steam operations, raising questions about resource allocation and platform maintenance.
In-depth analysis reveals that Valve's workforce is divided into various departments. A significant portion—181 employees—are engaged in game development, while others focus on hardware and administrative tasks. This distribution highlights Valve's commitment to diverse projects beyond just its flagship platform. The limited number of employees working on Steam has led to criticisms regarding moderation policies and platform functionality. Wolfire Games' lawsuit underscores concerns about underinvestment in these areas, suggesting that Valve's small team may struggle to address all aspects of Steam's operation effectively.
Despite its compact size, Valve's financial performance is nothing short of remarkable. Internal figures show that the company generates more revenue per employee than any other major tech firm. While specific numbers are not public, comparisons indicate that Valve surpasses companies like Facebook, which generated approximately $780,400 in annual net income per employee. This exceptional efficiency raises questions about the fairness of Steam's commission structure, especially as rival platforms challenge its practices.
Valve's ability to generate substantial revenue with a small workforce points to its strategic acumen and operational excellence. However, this also invites scrutiny over whether the company's 30% cut on Steam sales is justified. Critics argue that such high commissions might be outdated, given Valve's cost-effective operations. Yet, Valve's continued success suggests that its business model remains effective. As legal challenges and government scrutiny intensify, Valve must balance its efficient operations with the need to address growing concerns about platform governance and content moderation.