this post was submitted on 29 Aug 2023
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Technology
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Thanks, that makes perfect sense, and gels perfectly with my knowledge on the subject being ridiculously limited 😅
Are there any really big companies that don't have shareholders? Just curious if it's even possible to get really big without selling stock. Guess it's probably a thing that even if there are any that don't, they probably still have investors. Would be fun to know if there are companies out there that managed everything just on their product, growing organically I guess.
edit: to partially answer my own question, here is Wikipedia's list of the largest private non-governmental companies by revenue.
You can get reasonably big, but in most Western markets public companies who are owned by the same few institutions have a controlling anticompetitive share.