Is it safer to be at a privately owned company during a recession. Obviously understand it would depend on management/company. I could see private companies having a more long-term vision when approaching recessions, whereas publicly trade companies might be more tied to hitting short term goals. Just curious what everyone’s thoughts are.

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Depends on the size of the company and industry. Generally smaller boats are most affected by the tides.

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Safest space is in public acctg

likefunny

All in all, depends on the shareholders. If your company generates good revenue/employee and isn’t overly dependent on outside funding or debt, it should make it.

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