Private Shares to raise funding!

[Anthony Ford]

I'm just curious if anyone has ever heard of creating a start-up and forming it as a private corporation with say 10,000 shares and then selling said shares too investors. Does anyone think this would work in a REI company Scenario. And if so obviously to be fair u would want too provide profit to your share holders by A either going public or B can u pay dividends on private shares?

Or is all this too much trouble?