Youโve learned a lot about public companies, like Apple and Google, that you can invest in through Bloom ๐ค
But thereโs another type of company that lurks in the shadows: private companies.
These are companies that donโt sell their shares to the public through stock markets ๐
Because they don't sell their shares to the public, private companies can keep more of their financial information and business decisions secret ๐คซ
Ownership and decision-making is typically in the hands of a limited number of individuals, with no need to cater to public shareholders ๐
But despite what it may seem, private companies can be REALLY big.
The biggest private company in the US is Cargill, and they do $165 BILLION in annual revenue.
Thatโs even more than Meta! ๐ฒ
You are probably familiar with many private companies such as SpaceX, IKEA, LEGO, Rolex, Panda Express and X (Twitter) ๐
But if you invest in public companies by buying their shares on the stock market, how do people invest in private companies?
In the next lesson, you'll learn about the $4.7 trillion industry that specializes in investing in private companies: private equity ๐ฉ