$ wine ./steam.exe 
err:ntdll:RtlpWaitForCriticalSection section 0x7bc80da4 "loader.c: loader_section
" wait timed out in thread 0011, blocked by 0009, retrying (60 sec)
err:ntdll:RtlpWaitForCriticalSection section 0x7bc80da4 "loader.c: loader_section
" wait timed out in thread 0012, blocked by 0009, retrying (60 sec)
err:ntdll:RtlpWaitForCriticalSection section 0x7bc80da4 "loader.c: loader_section
" wait timed out in thread 0013, blocked by 0009, retrying (60 sec)
err:ntdll:RtlpWaitForCriticalSection section 0x7bc80da4 "loader.c: loader_section
" wait timed out in thread 0014, blocked by 0009, retrying (60 sec)
wine: Unhandled exception 0x40000015 at address 0x6c0073:0x101682b1 (thread 0009), starting debugger...
err:seh:start_debugger Couldn't start debugger ("winedbg --debugmsg -all 8 248") (2)
Read the Wine Developers Guide on how to set up winedbg or another debugger
Wine failed with return code 3



Dialog window:

Microsoft Visual C++ Runtime Library

Runtime error!
Program: C:\Program Files\Steam\steam.exe

This application has requested the runtime to terminate it in an unusual way.
Please conatact the application's support team for more information.