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Gabe Newell (Valve) believe games should be “Community Financed”

July 21, 2009 by Jeff Barker  
Filed under News

Valve MD Gabe Newell believes video games should be funded by the gaming community.

Speaking to ABC (no, not the band from the eighties), he said “One of the areas that I am super interested in right now is how we can do financing from the community,”

Following on from the shocking reveal that Ghostbusters: The Video Game cost Atari between 15 and 20 million US dollars to develop, Gabe explained that “There’s a huge amount of risk associated with those dollars and decisions have to be incredibly conservative,

“What I think would be much better would be if the community could finance the games. In other words, ‘Hey, I really like this idea you have. I’ll be an early investor in that and, as a result, at a later point I may make a return on that product, but I’ll also get a copy of that game.’”

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