Steam's owned by one of the most profitable gaming companies out there, and nothing short of an utter catastrophe could cause them to fail. Like maybe if Gabe Newell died there might be a slight hiccup, but as I understand it, their management is so decentralized I'm sure they could recover. Steam has such an enormous market share, at this point it's impossible for any other digital vendor to overtake them. It's why Stardock abandoned Impulse, why Origin needs to give away
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