Mwa comments on Can anyone overthrow Steam on PC? "As long as Valve is independent and not a publicly traded company," analyst says it looks impossible

PC Gaming

15,872 readers

5,821 active

864 users here now

For PC gaming news and discussion. PCGamingWiki

Rules:

Be Respectful.
No Spam or Porn.
No Advertising.
No Memes.
No Tech Support.
No questions about buying/building computers.
No game suggestions, friend requests, surveys, or begging.
No Let's Plays, streams, highlight reels/montages, random videos or shorts.
No off-topic posts/comments, within reason.
Use the original source, no clickbait titles, no duplicates. (Submissions should be from the original source if possible, unless from paywalled or non-english sources. If the title is clickbait or lacks context you may lightly edit the title.)

founded 3 years ago

moderators

[–] Mwa@thelemmy.club 3 points 1 week ago* (4 children)

i think in private corporations only a very limited amount of shareholders can have shares

permalink

fedilink

source

parent

hideshow 4 child comments

[–] Colloidal@programming.dev 4 points 1 week ago (3 children)

If they are shareholders, they hold at least one share. Every one of them. There's no limit on number of shareholders or shares held. But those shares are not publicly traded.

permalink

fedilink

source

parent

hideshow 3 child comments

[–] NotMyOldRedditName@lemmy.world 4 points 1 week ago* (2 children)

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.

permalink

fedilink

source

parent

hideshow 2 child comments

[–] NGram@piefed.ca 4 points 1 week ago* (1 child)

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.

permalink

fedilink

source

parent

hideshow 1 child comment

[–] NotMyOldRedditName@lemmy.world 1 point 1 week ago

Fair... but why would any private company do that without going public? Do any?

permalink

fedilink

source

parent