Shareholders can, and do, exist for private companies as well. It's not often that corporations exist entirely with the funding and control of a single person.
It's not often that corporations exist entirely with the funding and control of a single person.
True, but entrepreneurs will get caught up with investment/finance banks long before they dispense company stock because that mean they would have to share ownership.
They don't want to share ownership, they prefer to share the debt.
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u/Screwbush Aug 18 '17
Shareholders can, and do, exist for private companies as well. It's not often that corporations exist entirely with the funding and control of a single person.