Gabe Newell talks pricing experiments

Evo

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I came across this brilliant transcript of a panel Gabe Newell attended (via RPS). Gabe goes into some details about the expansion into the Russian market and also talks a lot about the various pricing experiments that Valve are carrying out through Steam and some of the surprising results they have seen. This is just a small quote, but it is worth reading the entire thing to see what Gabe had to say.[br]"We do a 75 percent price reduction, our Counter-Strike experience tells us that our gross revenue would remain constant. Instead what we saw was our gross revenue increased by a factor of 40. Not 40 percent, but a factor of 40. Which is completely not predicted by our previous experience with silent price variation."
 
All I want to know is if Dota 2 is free or not damn it! Will read the full thing later. Right now Atomic homework D:
 
'the people who are telling you that Russians pirate everything are the people who wait six months to localize their product into Russia. … So that, as far as we’re concerned, is asked and answered. It doesn’t take much in terms of providing a better service to make pirates a non-issue.' - Gabe Newell

Man is genious man is. ;)
 
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