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26 January, 08:56

What is the difference between private and public company

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  1. 26 January, 09:06
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    A public company is owned by anyone who buys its stock the people who own the most stock get to run the company, a private company is owned by the founder and anyone he hires
  2. 26 January, 09:36
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    Public companies allow ownership of their stocks by virtually anyone, and are this public companies. On the other hand, private companies have somewhat "protected" stocks where they are held by a small group of people - likely investors - or the CEO, even some employees.
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