Can you read and comprehend a written sentence? That's exactly what I said
Or maybe you don't understand what shareholder means or privately held means.I can explain, hopefully you can understand(and next time don't educate others on things you don't understand well ). Many companies have shareholders, however they can be public or privately held. Microsoft for example is a public company and you can become a shareholder by buying their stock in stock market. Dell on the other hand is privately held company, because shareholders decided to reacquire the company shares from the market and Dell currently is privately held corporation and it does have shareholders.