Chapter
Gabe Newell's Business Approach
1:26:04 - 1:35:02 (08:58)
Gabe Newell's ability to ask clarifying questions and challenge assumptions has led to success in his digital video game publishing career, as well as in his investment in ChefSteps. He has provided favorable loans to ChefSteps, allowing them to make big bets while maintaining control over their work.
Clips
Gabe Newell, the co-founder and CEO of video game development company Valve Corporation, has provided ChefSteps with a favorable loan, but does not own any part of the company nor control how they operate.
1:26:04 - 1:29:31 (03:27)
Summary
Gabe Newell, the co-founder and CEO of video game development company Valve Corporation, has provided ChefSteps with a favorable loan, but does not own any part of the company nor control how they operate. He has also shown interest in the company's approach to food and cooking, even hosting a dinner that was cooked by ChefSteps.
ChapterGabe Newell's Business Approach
Episode#173: Lessons from Geniuses, Billionaires, and Tinkerers
PodcastThe Tim Ferriss Show
The founders of McSweeney's had trouble with publishers who wanted digital rights they didn't know what to do with, so they sought advice from Gabe Newell, owner of Valve, a digital video game publisher.
1:29:31 - 1:31:10 (01:39)
Summary
The founders of McSweeney's had trouble with publishers who wanted digital rights they didn't know what to do with, so they sought advice from Gabe Newell, owner of Valve, a digital video game publisher. During this meeting, Newell offered to give the founders a quarter of a million dollars on the spot.
ChapterGabe Newell's Business Approach
Episode#173: Lessons from Geniuses, Billionaires, and Tinkerers
PodcastThe Tim Ferriss Show
Gabe's talent lies in his ability to surface assumptions and question his peers' thought processes so that they can develop a more valuable plan.
1:31:10 - 1:35:02 (03:51)
Summary
Gabe's talent lies in his ability to surface assumptions and question his peers' thought processes so that they can develop a more valuable plan. Similarly, Matt's expertise in running a company and building up people helps the company remain successful and outpace its competitors.