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A private company is a company held under private ownership with shares that are not traded publicly on exchanges.
43
votes
Am I a billionaire if a friend gives me $1000 for 0.0001% of my "company"?
The term "billionaire" is not a legal or technical term; it can mean whatever you want it to mean. Most people would define it as someone who owns at least $1 billion in assets.
If you own a company, …
16
votes
How can one go short in Uber?
The answer to this question is related to another question:
How would I invest in Uber?
Given that Uber is a privately-held company, the average investor cannot directly buy stock. However, there a …