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What is the difference between private and public company

User Sunil Lama
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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.
User Damathryx
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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
User Kitwalker
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