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It's controversial because we don't know if it would keep working without a massive free cashflow.

(My guess is: it would not).

That is not even what I am talking about.

I know a number of people who have quit Valve and almost all of them would cite organizational dysfunction as one of the top reasons for quitting.

I don't know whether that is true -- I have never worked there -- and I don't wish to spread any ill rumors about Valve. I'm just saying that I know a bunch of people who have worked there who think the flat thing is one of Valve's biggest problems (another one being the incentive structure; of course these two things go hand in hand).

Gotcha. I haven't worked there either; but I find the boosterism I sometimes observe to be annoying because of the confounding factor of massive free cashflow.

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