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  <title id="t">A private company has no publicly traded shares</title>
  <desc id="d">A private company is owned by a limited group, founders, employees or private investors, and its shares are not traded on a public exchange. With no daily traded price, it has no live market mood to read.</desc>
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  <text x="44" y="60" font-size="25" font-weight="800" fill="#0F172A">A Private Company Stays Closed</text>
  <text x="44" y="92" font-size="14.5" fill="#5A6578">Owned by a limited group, with no shares trading on any exchange</text>
<rect x="44" y="126" width="346" height="128" rx="12" fill="#F6F8FB"/>
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  <text x="68" y="170" font-size="18" font-weight="800" fill="#0284C7">Public company</text>
  <text x="68" y="202" font-size="13.5" fill="#334155">Shares trade on an exchange; anyone can buy</text>
  <text x="68" y="222" font-size="13.5" fill="#334155">in.</text>
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  <text x="454" y="170" font-size="18" font-weight="800" fill="#5A6578">Private company</text>
  <text x="454" y="202" font-size="13.5" fill="#334155">Shares held by founders and investors; not</text>
  <text x="454" y="222" font-size="13.5" fill="#334155">openly traded.</text>
  <text x="410" y="286" font-size="13.5" fill="#334155" text-anchor="middle">Going public (an IPO) is the bridge between the two.</text>
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  <text x="44" y="334" font-size="12.5" fill="#5A6578">Source: <tspan font-weight="700" fill="#0F172A">CFGI</tspan></text>
  <text x="776" y="334" font-size="12.5" fill="#0284C7" text-anchor="end" font-weight="700">Markets</text>
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