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TimSweeneyEpic's profile
Tim Sweeney
Tim Sweeney
Tim Sweeney
@TimSweeneyEpic

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Tim Sweeney

@TimSweeneyEpic

Epic Games founder & CEO

epicgames.com
Joined August 2013

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    1. Tim Sweeney‏ @TimSweeneyEpic Mar 4
      • Report Tweet
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      Replying to @Mortiel @Miraglyth and

      They’re not a loss leader. Retailers and distributors generally are taking a 15% cut of card revenue, which comes out of Valve’s 30% cut. There’s plenty of profit left over there.

      4 replies 0 retweets 6 likes
    2. Mortiel‏ @Mortiel Mar 4
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      Replying to @TimSweeneyEpic @Miraglyth and

      Tim, when you say "profit", I think you mean "revenue". Profits are calculated after *all* costs are taken, not just a single source. Don't start this nonsense again. Valve takes a loss on Steam cards and Steam keys, they compensate with revenue from the regular Steam Store.

      2 replies 0 retweets 20 likes
    3. Tim Sweeney‏ @TimSweeneyEpic Mar 4
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      Replying to @Mortiel @Miraglyth and

      Steam takes 30% of most transactions. For purchases that use a retail card, the retailers and distributors take 15%. That leaves Steam with 15%, which far exceeds the operating cost of the service. Hence the service still makes a profit and is not a loss leader.

      5 replies 0 retweets 11 likes
    4. Mortiel‏ @Mortiel Mar 4
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      Replying to @TimSweeneyEpic @Miraglyth and

      Could you detail what exactly are VALVE's costs per transaction? Not Epic's; Valve's. Please, it would very much help in proving your point here and educating me.

      2 replies 0 retweets 38 likes
    5. Tim Sweeney‏ @TimSweeneyEpic Mar 4
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      Replying to @Mortiel @Miraglyth and

      No.

      8 replies 0 retweets 10 likes
    6. Andlu‏ @4Andlu Mar 4
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      Replying to @TimSweeneyEpic @Mortiel and

      Then how should we treat your words as 'steam management costs aren't that high?'

      2 replies 0 retweets 36 likes
    7. Aubrey Serr‏ @AubreySerr Mar 4
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      Replying to @4Andlu @TimSweeneyEpic and

      I think he is probably the world's foremost expert on this outside of Valve

      2 replies 0 retweets 2 likes
    8. Andlu‏ @4Andlu Mar 4
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      Replying to @AubreySerr @TimSweeneyEpic and

      And yet, his words aren't the truth since he has never worked with those features, and he can't know the actual cost it would be to support all of them with most of steam's library which is huge

      1 reply 0 retweets 1 like
    9. Omer Altay‏ @remotayx Mar 4
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      Replying to @4Andlu @AubreySerr and

      The size of Steam's library and scale only reduce the unit transaction costs through economies of scale, so Tim is likely correct here.

      1 reply 0 retweets 4 likes
    10. Andlu‏ @4Andlu Mar 4
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      Replying to @remotayx @AubreySerr and

      Not when you consider that with the higher library, they have to manage more games using the steamworks servers, therefore having to keep it at a high quality. Not to mention, remote play also works separately for every game that supports it

      3 replies 0 retweets 2 likes
      Tim Sweeney‏ @TimSweeneyEpic Mar 4
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      Replying to @4Andlu @remotayx and

      Remote play is you steaming your game from one machine you own to another using your internet connection, not a cloud hosting service like Stadia.

      2:06 PM - 4 Mar 2020
      • 4 Likes
      • Aden | Jester 𝓙𝓸𝓷𝓪𝓼 𝓑𝓮𝓷𝓳𝓪𝓶𝓲𝓷 90one80 michael
      0 replies 0 retweets 4 likes

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