Valve is a private company and doing VERY well for themselves right now. Wanted to know from a person what it typically means to be a publicly traded company and why companies stay private.
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I don’t know anything about economics but I hope other people can reply to you, thanks for being apart of the community and asking engaging questions!
A public company is a company that has a stock. Stock typically goes from 10-20 Times a companies annual revenue.
A private company is not allowing stock for the public to buy.