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

2 votes

What are my rights as a small investor in private equity, and what can I do about the compan...

When I left the company a few years ago, I decided to exercise some options that had already vested. The company is still around, still private, but I have no idea what is going on inside. I tried …
mhoran_psprep's user avatar
21 votes

If he wanted control of the company, why didn't Elon Musk buy 51% of Twitter shares instead ...

The goal was to make the company private. They don't have to file quarterly reports with the SEC. They don't have to report the profitability of the company to the public. If they have a bad quarter …
mhoran_psprep's user avatar
2 votes
Accepted

Approximate cost of making a shell company

You get what you pay for. The more you want to hide the connection the more expensive the setup. If you setup a shell corporation, but use as a mailing address an address that is associated with you, …
mhoran_psprep's user avatar
2 votes

Is the donation of billable or paid time of a contractor or employee tax-deductible?

If a person volunteers their own time to a charity, they can't take the value of their time as a donation. So if a person volunteers with a soup kitchen, the value of their hour per week is not deduct …
mhoran_psprep's user avatar