quote:
Originally posted by Chrissy
quote:
A privately held company or close corporation is a business company owned either by non-governmental organizations or by a relatively small number of holders who do not trade the stock publicly on the stock market. Less ambiguous terms for a privately held company are unquoted company and unlisted company.
So being a private company doesn't mean the owner has to be private 
true, but it also does not mean it is bad if the owner doesn't want to be known, which is what the issue here is (dixit
toddy).
quote:
Originally posted by Discrate
I know of hundreds of private companies where the owner reveals his/hers identity.
So? There are millions where the owner or invester doesn't want to be known.
There is nothing wrong in keeping things private; it is nothing bad at all.
That maybe some people don't like it is one thing, but the automatic association of private being bad is again one of those shortsighted assumptions which in practice, in the real world, don't have any ground at all.
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