They have changed the video game market completely. They made games more accessible to people, made it so independent developers can reach a market. The question is, however, as a company how is valve. Because valve basically abandoned their entire fan base and stopped developing the series that people want to continue or at least finish. That's where I think they failed.
Valve Corporation as a video game developer - discussion
Valve Corporation (formerly Valve Software, commonly referred to as Valve) is an American video game development and digital distribution company headquartered in Bellevue, Washington, United States. Its European-based office opened in 2012 in Luxembourg. Founded in 1996 by former Microsoft employees Gabe Newell and Mike Harrington, Valve developed critically acclaimed video game series Half-Life, Portal, and Left 4 Dead. It has also developed and maintains the Source engine for which most of its games run on, and the software distribution platform Steam, which has led to the Steam Machine, a line of pre-built gaming computers running SteamOS. More: en.wikipedia.org.
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