>>43242080Public listings are "bad" only when the company does not maintain above 60% of shares, this rarely tends to happen
Another concern is "well shareholders will dictate what to do and not the company!" and this is also not true except in the aforementioned case
Shares are only split as much as a company wants, and they can be fractioned infinitely, so if they offered 30% of shares in the company that 30% can be fractioned further