Austin Carr @AustinCarr
Features writer at @BW @business @technology Signal: acarr.54 austincarr.com Boston Joined December 2010-
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@Kantrowitz Just wait until you try to ask Copilot to change any settings on Windows...it often can't even get the directions right
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More Valve/Steam details here: bloomberg.com/news/features/…
Steam only keeps a slice of those store transactions, but assuming Valve has kept small at around 350 employees, based on data from PrivCo, the $$$ math for 2025 breaks down to: - Nearly $15 million in annual revenue per employee - $4.3 million in annual net income per employee
Yacht diss aside, it's worth remembering that the most profitable US tech company on a per-employee basis isn’t Apple or Google or even Nvidia. Ahead of them is Valve. By some estimates, Valve employees each generate ~6x the annual profits of Apple/Google and ~1.5x Nvidia (!!)
Everyone’s being too harsh here. There has been a significant rise in the cost of components that Steam customer spending ultimately funds, and economic trends have created severe disruptions in the component parts supply chain for megayachts.
Austin Carr retweeted
New -- Valve: anticorporate hero or big tech, but small? Gamers know Valve as a freewheeling enterprise, but previously unreported docs show controversial business practices that, critics say, restrict both gamers and game-makers. Feature w/ @AustinCarr: bloomberg.com/news/features/…
Austin Carr retweeted
Game developers are suing Valve for abusing the power its Steam store has over the PC games market, in litigation with echoes of antitrust suits against Apple and Google bloomberg.com/news/features/…
Austin Carr retweeted
Interesting. Boston is a making a play to lure AI tech talent that doesn't want to pay California taxes bloomberg.com/news/articles/…
Austin Carr retweeted
LOVE IS BLIND: BOSTON 🥂 Coming this Fall
Austin Carr retweeted
Why are Mac minis suddenly hard to find? A boom in Claude-powered AI agents has turned Apple’s smallest desktop into essential hardware bloomberg.com/news/articles/…
Austin Carr retweeted
new book from @MattCampbell coming this summer. the evil Indiana Jones behind the Khmer artifacts that fill the world's museums. i've read it and it kicks ass. get your pre-orders in, book him on your podcasts, put him in your celebrity book club, etc
@WillManidis @bhalligan Not agreeing/disagreeing with any of your main points, but isn't your estimate for Boston creating just ~$100bn in enterprise value in last couple decades a bit low?
@bananapeele "This is the Upper East Side...saloon capital of the world"
Austin Carr retweeted
The strange story of how professors from MIT, Rice and UC Irvine got tangled up in a charismatic tech CEO’s alleged Ponzi scheme bloomberg.com/news/features/…
Austin Carr retweeted
For anxious crypto investors, a growing number of firms and third parties are selling peace of mind through supplementary criminal insurance or warranties. But the fine print suggests customers have far less coverage than they think bloomberg.com/news/articles/…
New @BW feature on the professors from MIT, Rice & UC Irvine who got caught up in what the SEC called an "IP-rich" Ponzi scheme. bloomberg.com/news/features/…
@TheStalwart I'm assuming you personally funded this museum exhibit? 🐋
@DKThomp Well, certainly not with Copilot
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