alessandro@lemmy.ca to PC Gaming@lemmy.caEnglish · 4 days 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-square303linkfedilinkarrow-up1695arrow-down16
arrow-up1689arrow-down1external-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 · 4 days agomessage-square303linkfedilink
minus-squareNGram@piefed.calinkfedilinkEnglisharrow-up4·edit-23 days 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-up1·3 days agoFair… but why would any private company do that without going public? Do any?
minus-squarekossa@feddit.orglinkfedilinkEnglisharrow-up3·edit-23 days 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-23 days agoHe should gone ahead and taken out billions in loans against his company and got some cash in hand tax free.
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.