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It is hard to pay market rates in cash when you're a startup, and nobody wants to own shares they cannot sell; allowing sales without being public gets messy qu
by dmitrygr 8y ago
It is hard to pay market rates in cash when you're a startup, and nobody wants to own shares they cannot sell; allowing sales without being public gets messy quickly; and there is also a limit to the number of shareholders before you are required to go public.
- noblethrasher 8y ago> and there is also a limit to the number of shareholders before you are required to go public. You're never forced to go public, but you will be required to disclose financial data to the public if you have more than 1,999 individual shareholders and assets with a value that is greater than or equal to 10 million dollars.