8 ms·
Listed corporations are not "private companies." They gave up privacy when they sold stock/bonds on public markets.
by RNCTX 6y ago
Listed corporations are not "private companies."
They gave up privacy when they sold stock/bonds on public markets.
- s_y_n_t_a_x 6y agoTwitter is a publicly listed corporation as well (since 2013) so that argument makes no sense: https://thenextweb.com/twitter/2013/11/07/twitter-just-became-public-company/ https://thenextweb.com/twitter/2013/11/07/twitter-just-becam... Either way, that's a strange moral line to take on all of this, whether a company is public or not.
- RNCTX 6y agoYes, they are. There's nothing strange about it at all. If you want to sell securities on public markets you have to abide by certain rules. It's completely reasonable, and I know that corporations and their apologists like to throw around "private" as a buzzword and pretend like they should have free reign, but they do not. There is no such thing as a "private" publicly traded company.