Accepted & Understood!
We make use of cookies to provide the best possible experience for you and to gather analytics data. By continuing usage of this website you accept these cookies and our Terms of Service and Privacy Policy.
Accepted & Understood!

Community » Forum » Business » Great Opportunity, Waiting for you.

Alex Don
Pleb
fnx5STvz
Millionaire   VIP
I thought a company's net worth must be over 20,000 in order to be listed on public exchange

What's the difference between a private and a public company?
Private companies can only be traded via Private Trades, while public companies are also listed for trading on The Exchange. By default all player-created companies are private companies. If your company's net worth is over 20 000 USD, you can IPO by selling 500 shares on The Exchange. Note that special rules apply to IPOd companies, such as the requirement of always working towards the interest of all active shareholders.
1 2