You’ve learned a lot about public companies, like Apple and Google, that you can invest in through Bloom 🤔
But there’s another type of company that lurks in the shadows: private companies.
These are companies that don’t sell their shares to the public through stock markets 😈
Because they don't sell their shares to the public, private companies can keep more of their financial information and business decisions secret 🤫
Ownership and decision-making is typically in the hands of a limited number of individuals, with no need to cater to public shareholders 👀
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.
That’s even more than Meta! 😲
You are probably familiar with many private companies such as SpaceX, IKEA, LEGO, Rolex, Panda Express and X (Twitter) 🚀
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 🎩