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Hey, I have two questions. One, I just read that the Google stock for each of the Google guys has their net worth at like $25 billion a piece (WHEW!). My question is, are they really worth that much, or is it sort of like how they said the Facebook founder was worth $5 billion, but that's very misleading...? Or are, for all practical purposes, the Google guys really worth $25 billion a piece?
Second, I am wondering, let's say you start a business and build it big and then take it public. But then let's say later on, you buy up all the shares. Does your owning all the shares of a public company make it private automatically, or is the company on paper technically public, but it's the same effect as if it was private since you own all the shares?
EDIT: Okay, I have a third question as well, which was, I read that for example, a small business like n auto shop may have to comply with over 100,000 Federal, State, and local regulations. My question is, how does an entrepreneur make sure they stay in line with all these regulations? Do you need to hire a lawyer and accountant and anyone else from the get-go?
I don't see how one person who isn't an expert could possibly make sure you are complying with so many regulations.
Second, I am wondering, let's say you start a business and build it big and then take it public. But then let's say later on, you buy up all the shares. Does your owning all the shares of a public company make it private automatically, or is the company on paper technically public, but it's the same effect as if it was private since you own all the shares?
EDIT: Okay, I have a third question as well, which was, I read that for example, a small business like n auto shop may have to comply with over 100,000 Federal, State, and local regulations. My question is, how does an entrepreneur make sure they stay in line with all these regulations? Do you need to hire a lawyer and accountant and anyone else from the get-go?
I don't see how one person who isn't an expert could possibly make sure you are complying with so many regulations.
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