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A private company is a company held under private ownership with shares that are not traded publicly on exchanges.

4 votes

Does companyA with majority shares to companyB always/often have the decision?

One of the immediate side effects of gnasher729's answer is that -- at the very first shareholder meeting -- Company A will appoint "their people" to Company B's board of directors. It is they who wi …
RonJohn's user avatar
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5 votes

Why would a company prevent their employees from selling their pre-IPO equity?

Some companies may not want their shares to be widely distributed Consider a small, family owned corporation. One of the part owners needs cash now (for example, due to a divorce settlement). With …
RonJohn's user avatar
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1 vote

Ownership of unlisted foreign corporation

The fact that you're naturalized and were born in the UK mean nothing. What matters are: whether Germany is under some sanction by the US (it's not), whether or not Germany allows foreigners to own …
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-2 votes

Why is it ever a good idea to found a company?

For the reasons above, why does anybody ever start a company? For the same reason that Bill Gates and Paul Allen started a company. For the same reason that Steve Jobs and Steve Wozniak started …
RonJohn's user avatar
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26 votes

Am I a billionaire if a friend gives me $1000 for 0.0001% of my "company"?

If my friend gives me a thousand dollars for 0.0001% of my "company", am I technically a Billionaire now? $1000 is definitely 0.0001% of $1Bn. You'd be a billionaire IF: you own the other 99.9999% …
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