alessandro@lemmy.ca to PC Gaming@lemmy.caEnglish · 1 day agoCan anyone overthrow Steam on PC? "As long as Valve is independent and not a publicly traded company," analyst says it looks impossiblewww.gamesradar.comexternal-linkmessage-square236fedilinkarrow-up1580
arrow-up1580external-linkCan anyone overthrow Steam on PC? "As long as Valve is independent and not a publicly traded company," analyst says it looks impossiblewww.gamesradar.comalessandro@lemmy.ca to PC Gaming@lemmy.caEnglish · 1 day agomessage-square236fedilink
minus-squareNotMyOldRedditName@lemmy.worldlinkfedilinkEnglisharrow-up2·edit-219 hours agoThere are limits on shareholders in private companies. https://www.investopedia.com/terms/5/500-shareholder-threshold.asp Looks like the number is 2000, but that excludes employees. It used to be 500.
minus-squareNGram@piefed.calinkfedilinkEnglisharrow-up3·edit-218 hours agoThat’s only a (USA) reporting limit. A private company can still have more than 2000 shareholders, but it must then publicly report its finances like a public company would.
minus-squareNotMyOldRedditName@lemmy.worldlinkfedilinkEnglisharrow-up1·17 hours agoFair… but why would any private company do that without going public? Do any?
minus-squarekossa@feddit.orglinkfedilinkEnglisharrow-up3·edit-25 hours agoWhen you and your 2000 co-founders want to start a company? Then its 2001 shares. Reminds me of this guy: https://www.youtube.com/watch?v=8SYIksrZeu4
minus-squareNotMyOldRedditName@lemmy.worldlinkfedilinkEnglisharrow-up1·edit-25 hours agoHe should gone ahead and taken out billions in loans against his company and got some cash in hand tax free.
There are limits on shareholders in private companies.
https://www.investopedia.com/terms/5/500-shareholder-threshold.asp
Looks like the number is 2000, but that excludes employees. It used to be 500.
That’s only a (USA) reporting limit. A private company can still have more than 2000 shareholders, but it must then publicly report its finances like a public company would.
Fair… but why would any private company do that without going public? Do any?
When you and your 2000 co-founders want to start a company? Then its 2001 shares.
Reminds me of this guy:
https://www.youtube.com/watch?v=8SYIksrZeu4
He should gone ahead and taken out billions in loans against his company and got some cash in hand tax free.