Public companies sold all or a portion of itself to the public. It’s Issues publicly traded stock and there is no limits to numbers of shareholder it could has. While, private companies are own by a small numbers of shareholders/ individuals and could does not traded publicly.

Pros for Public
1. Are required to disclose their financial information to the public since they trade stock on a stock exchange.
2. Company can selling stock (equity) to raise capital for business expansion and research projects

Cons for Public

1. Company’s management have to answer to stakeholder on business state, from financial to projects.
2. Responsible for Sarbanes-Oxley or the PCAOB

Pros for Private
1. Management doesn’t have to answer to stockholders or required to disclose their financial information to the public.

Cons For Private
1. Because of flexibility, there is less focused on increasing the value of the company because few shareholders exist.

Private companies: Bloomberg( News media. Delivers business and markets news, data, analysis), Koch Industries( Involves in manufacturing, petroleum, financial etc)

Public Companies: Stryker ( leading medical technology companies, offering innovative products and services in Orthopaedics, Medical instrumentation etc), Siemens Healthineer ( medical technology company with focus on Laboratory Diagnostics, Molecular Diagnostics, Molecular Imaging, Magnetic Resonance Imaging, Point-of-Care Diagnostics and more )