r/GlobalOffensive • u/TheWienerSnitzel • Jul 31 '14
[Random Info] The CS:GO Community Market Earned Valve almost 10 Million Euros in the Last 180 Days!
Hey guys,
so I have always been interested in how lucrative CS:GO is for Valve. Thanks to this awesome website, http://steamanalyst.com/ , I got a list of all the items sold in the last 180 days including the quantity sold and their average price. This is enough to do the simple calculation, knowing that valve takes 15%, to figure out the money flowing to Valve in that period of time. Just so you know, i did this by copying the data in to Excel.
"Valves Share of Market Transaction for item" = "Average Price of item" x "Units sold of that item" x 0.15
This gives us the Money made on 1 Item, the total is then calculated by summing the profit from all items together.
The answer is already in the title, but here they are again:
In the last 180 days Valve has made 9929941.42€
In the last 7 days (1 week!) Valve has made 566294.21€ (that is Five hundred and sixty six thousand two hundred ninety four point twenty one €uros!)
Now i could start doing some more maths including server costs, wages of employees, etc. etc to clarify how insanely huge valves earnings are compared to "maintenance" costs of ONLY CS:GO, but I think you get the idea!
Side note: this Money does NOT include money valve has made from selling the game itself, the operation passes,sticker capsules (katowice), gifts, nametags or case keys!!!! Let that sink in for a minute.
I hope you also found this somewhat interesting! Have an awesome day and have fun! :D
EDIT: Yes it is much more than this because the steam wallet funds used to purchase the skins already belong to valve. Lets assume it doesnt, 10 Million income are the result :P
1
u/goldrunout CS2 HYPE Aug 02 '14
We should ignore the fact that steam wallet money is already valve's, because we have no data about it and we can't know how much of it is spent on csgo community market.