Starting a new company

Fred Ship RJ: Fred CO: Fred Post Rating: 0 + / - Total Posts: 5 Karma: 10 Joined: Apr 17, 2012	Posted on Apr 17, 2012 If my company goes public, or I sell it; how do I go about starting another company? If you were to take over 50% stake in a company, would you then manage it?
Andrew Wiggen RJ: Andrew Wiggen CO: stessier Post Rating: 32 + / - Total Posts: 16 Karma: 48 Joined: Apr 5, 2012	Posted on Apr 17, 2012 I don't know about the first part, but the answer to the second is yes, mostly. To take over a company you just have to be the largest shareholder. So if the largest owner is 10%, you'll take over if you get 10.1%. Of course, you would then lose control if someone got more than you, so you'll probably want to give yourself a little cushion if you're in it for the long haul.
Scott (Admin) RJ: Ratan Joyce CO: Ratan Joyce Post Rating: 0 + / - Total Posts: 1175 Karma: 5083 Joined: Jan 13, 2012	Posted on Apr 17, 2012 As to 1: Starting a company when you don't have any is free. Starting a second company when you already have one, public or not, will cost $10 mil.
Fred Ship RJ: Fred CO: Fred Post Rating: 0 + / - Total Posts: 5 Karma: 10 Joined: Apr 17, 2012	Posted on Apr 17, 2012 Thank you Scott! Where is the option to start the second company?

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