Valve has been called out as fairly dysfunctional. They havent made any quality games in awhile.

The last major project they got out the door was what the handheld device? That they are taking losses on? And how much of that was contracted out?

Also, the index hardware kind sucks (ive had constant hardware issues, and quest 2 is kind of superior in every category that isnt FOV). Facebook is proving to iterate on VR much better, despite Valve taking VR seriously for several years.

I can only speculate.

I assumed Valve decided that competing witu literally Apple, and Facebook, for VR headware wasn't clever.

Steamdeck, Alyx, SteamOS, Proton

yes and they dont produce anything anymore, only collect free money from Steam that they created many years ago.

makes you think...

They can’t even finish the team fortress comic. I check once a year.

Exactly.