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Valve refuses to sell out on stock market

Studio has no interest in floating

You've just set up an independent developer and knocked out a sci-fi FPS classic. Things are going well, so you plough efforts into a sequel. It's heralded an industry-defining masterpiece.

Meanwhile, your PC download service has become the de facto choice for all your competitors. And your artsy side project has turned into a blockbuster franchise starring that bloke out of The Office.

Time to float on the stock market? Is it bob.

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Valve has revealed that it has no interest in cashing in on its unique position by going public - because it couldn't handle the interference from shareholders.

"All [companies that float] end up getting their customers changed," Valve's Erik Johnson told the latest issue of PC Gamer.

"Any bad decision I ever see out there is because somebody created this different customer that was whoever funds them, and not the consumer of the product."

Gabe Newell added: "You end up with a totally different set of decisions, and the person who's trying to design the experience is like' Okay, I guess we'll put Christopher Walken in our game."

Sounds like 'selling out to shareholders' won't end up being one of Valve's regrets. Neither, from what we've seen, will Portal 2 - which is looking ace.

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You can read the full, fascinating interview with Valve on its history in the latest issue of PC Gamer UK - which is with subscribers now and in stores tomorrow.

Order the mag here and have it delivered to your door.

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