Is Steam an entity in its own right?

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Joined
16 Aug 2005
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1,372
I dont know why but I actively avoid buying games in hardform now, if at all poss I will just buy it from steam. I love how I can get my games wherever I am.....

One question though, what happens if steam goes bankrupt? Is steam an independant financial entity? Does it have the backing of Valve? Do Valve have an obligation to keep it up and running? Should I be worried?
 
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