There is no requirement to ever go public, in the US anyway. I work for a multi-billion dollar company that's entirely privately held. It just tends to happen because it's the best way for the equity holders to convert their ownership into cash. It can be hard to sell a whole company because that requires someone to go all in to buy it and they must accept all the risk of maintaining its value. But you can go public and get tons of investment money without having to sell.
AstridWipenaugh
joined 2 years ago
This is America. This is the foundation that holds up the Trump government and the Republican Party.
I used to read it to see what conservatives were thinking. There used to be actual discourse in the comments about policy positions. It's now nothing more than brainrot and Russian trolls.
alwayshasbeen.jpg
Is being inclusive of people with cognitive reasoning disabilities a bad thing?
The company must have more than 500 equity holders and have more than $10 million in assets. If the company maintains a limited number of owners, they will never be required to go public regardless of their valuation.
https://www.investopedia.com/terms/f/forced-initial-public-offering-ipo.asp