alessandro@lemmy.ca to PC Gaming@lemmy.caEnglish · 11 hours 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-square138linkfedilinkarrow-up1356arrow-down13
arrow-up1353arrow-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 · 11 hours agomessage-square138linkfedilink
minus-squareNotMyOldRedditName@lemmy.worldlinkfedilinkEnglisharrow-up2·2 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-up1·1 hour 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-up1·28 minutes agoFair… but why would any private company do that without going public? Do any?
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?