I am experiencing the same issue on my computer as well.
I wanted to test the game on my office computer which is a Win 10x64 system with basic hardware.
Game will not launch at all.
Uninstalled/reinstalled multiple times - same with the SDK.
Windows is up to date along with drivers.
Game was downloaded via the Torrent as well as ModDB to test it.
Thinking about something while writing this.
What is the difference between these three downloads?
Download Torrent - (24973 downloads)
Download Torrent (Client Zip) - (431 downloads)
Download Torrent (Preload) - (41729 downloads)
There is no identification as to whether one is an updated installer or what. To my understanding I should be using "Download Torrent" rather than "Download Torrent (Preload)."
Eventviewer is showing signs of application error as well, see below.
Every time I attempt to launch the application I receive the below event. Each one is the same.
Faulting application name: hl2.exe, version: 0.0.0.0, time stamp: 0x470c11ae
Faulting module name: shaderapidx9.dll, version: 0.0.0.0, time stamp: 0x4b674cf6
Exception code: 0xc0000005
Fault offset: 0x00029e16
Faulting process id: 0x24a8
Faulting application start time: 0x01d1f7016983aa7e
Faulting application path: C:\Program Files (x86)\Steam\steamapps\common\Source SDK Base 2007\hl2.exe
Faulting module path: C:\Program Files (x86)\Steam\steamapps\common\Source SDK Base 2007\bin\shaderapidx9.dll
Report Id: 01d8fed6-857b-44fd-8ee8-5237b697b23d
Faulting package full name:
Faulting package-relative application ID: