“You a—holes”: Court docs reveal Epic CEO’s anger at Steam’s 30% fees

Unearthed emails show the fury that helped motivate Epic’s Games Store launch.

Epic Games founder and CEO Tim Sweeney.

Epic Games founder and CEO Tim Sweeney. (credit: Epic Games)

Epic CEO Tim Sweeney has long been an outspoken opponent of what he sees as Valve's unreasonable platform fees for listing games on Steam, which start at 30 percent of the total sale price. Now, though, new emails from before the launch of the competing Epic Games Store in 2018 show just how angry Sweeney was with the "assholes" at companies like Valve and Apple for squeezing "the little guy" with what he saw as inflated fees.

The emails, which came out this week as part of Wolfire's price-fixing case against Valve (as noticed by the GameDiscoverCo newsletter), confront Valve managers directly for platform fees Sweeney says are "no longer justifiable." They also offer a behind-the-scenes look at the fury Sweeney and Epic would unleash against Apple in court proceedings starting years later.

“I bet Valve made more profit... than the developer themselves...”

The first mostly unredacted email chain from the court documents, from August 2017, starts with Valve co-founder Gabe Newell asking Sweeney if there is "anything we [are] doing to annoy you?" That query was likely prompted by Sweeney's public tweets at the time questioning "why Steam is still taking 30% of gross [when] MasterCard and Visa charge 2-5% per transaction, and CDN bandwidth is around $0.002/GB." Later in the same thread, he laments that "the internet was supposed to obsolete the rent-seeking software distribution middlemen, but here's Facebook, Google, Apple, Valve, etc."

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Raumfahrt: Voyager 1 sendet verwertbares Speicherabbild zur Erde

Die Daten waren so formatiert, dass die Nasa nicht unmittelbar etwas damit anfangen konnte. Aber sie könnten ermöglichen, das Kommunikationsproblem mit der Sonde zu lösen. (Raumfahrt, Nasa)

Die Daten waren so formatiert, dass die Nasa nicht unmittelbar etwas damit anfangen konnte. Aber sie könnten ermöglichen, das Kommunikationsproblem mit der Sonde zu lösen. (Raumfahrt, Nasa)

ByteDance unlikely to sell TikTok, as former Trump official plots purchase

TikTok CEO urges users to protest bill, warns it “will lead to a ban.”

ByteDance unlikely to sell TikTok, as former Trump official plots purchase

Enlarge (credit: Aurich Lawson | Getty Images Pool)

Former US Treasury Secretary Steven Mnuchin is reportedly assembling an investor group to buy TikTok as the US comes closer to enacting legislation forcing the company to either divest from Chinese ownership or face a nationwide ban.

"I think the legislation should pass, and I think it should be sold," Mnuchin told CNBC Thursday. "It’s a great business, and I’m going to put together a group to buy TikTok."

Mnuchin currently leads Liberty Strategic Capital, which describes itself as "a Washington DC-based private equity firm focused on investing in dynamic global technology companies."

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Luftfahrt: Volocopter will in diesem Jahr kommerzielle Flüge anbieten

Volocopter will das erste Unternehmen werden, das in Europa kommerzielle Flugtaxi-Dienste anbietet. Doch ein prestigeträchtiger Start zu Olympia wird wohl nicht klappen. (Volocopter, Elektromobilität)

Volocopter will das erste Unternehmen werden, das in Europa kommerzielle Flugtaxi-Dienste anbietet. Doch ein prestigeträchtiger Start zu Olympia wird wohl nicht klappen. (Volocopter, Elektromobilität)

Asus goes big with the Zenfone 11 Ultra

A decade ago smartphones with screen sizes approaching 7 inches were unusual enough that people often called then phablets. These days they’re just… phones. And that means when Asus launched the Zenfone 10 with a 5.9 inch display last year…

A decade ago smartphones with screen sizes approaching 7 inches were unusual enough that people often called then phablets. These days they’re just… phones. And that means when Asus launched the Zenfone 10 with a 5.9 inch display last year, it was considered fairly small by modern smartphone standards. But now one of the last companies […]

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