>I know this is going to sound pedantic, but this is wrong. Facebook is a publicly-owned company. No the original statement was correct, your statement is wron

>I know this is going to sound pedantic, but this is wrong. Facebook is a publicly-owned company. No the original statement was correct, your statement is wrong. If you want to really be pedantic then Facebook is a public company that is privately owned. A publicly owned company [0] is one that is owned by a government. A public company [1] is one whose shares are traded on a public stock exchange. [0]: https://en.wikipedia.org/wiki/Public_ownership https://en.wikipedia.org/wiki/Public_ownership [1]: https://en.wikipedia.org/wiki/Public_company https://en.wikipedia.org/wiki/Public_company