Valve's business has grown 'about 50 percent' in the last year, Gabe Newell says

Gabe Newell says that Valve's business has grown about 50 percent in the last year, in part thanks to community-created contributions to games like Team Fortress 2 and Dota 2 and "an insatiable demand for gaming right now."

In an interview after receiving his BAFTA Academy Fellowship at this year's British Academy Games Awards, the Valve co-founder responded to a question about the viability of "cloud-based development."

"There's sort of an insatiable demand for gaming right now," Newell said. "In the last year, our business has grown about 50 percent on the back of the opportunities that have been created by having these open platforms." Valve allows community members to create and sell content for games like Team Fortress 2 through its online store, with profits going back to the content's creators.

To illustrate that "insatiable demand," Newell dropped an impressive piece of data related to Valve's Dota 2, currently the most played game on Steam.

"The last Dota 2 update, we were generating 3.5 terabits per second, that's about two percent of all the mobile and LAN based internet activity, just for a single game update," he said. "That gives you an idea of the scale of what's happening.

"I think we are going to continue to see tremendous innovation coming out of that potential, out of the unusual, crazy, weird, disgusting but ultimately wonderful experiences that people will create for each other."


More from Polygon

The horror of Five Nights at Freddy's

  • Dark Souls 2: Crown of the Old Iron King Overview

  • Spacecom: a fast 4X built for multiplayer

  • Pillars of Eternity builds on role-playing classics

  • Tour the 1 KB hard drive built inside Minecraft

Latest Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new Polygon username and password

As part of the new Polygon launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to Polygon going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new Polygon username and password

As part of the new Polygon launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to Polygon going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.
Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_5353_tracker