The difference between a privately-held and public company
is that the owners of the private company are the company’s founders or a group
of private investors while in the public company, the company has undergone an
initial public offering that means the company sold a portion of its shares to
the public. The management of a public company is answerable to the
shareholders as opposed to the private company. A public company sells the
shares of stock and is listed in the stock exchange while a private company is unlisted.
