第三类企业看起来像是完全私有化的，国家不直接参股。
A third group of firms appears to be fully private, in that the government owns no direct stake in them.
然后当他们下决心以此做点事情的时候，他们就变成了第三类企业家了。
And then they cross into becoming a Class III entrepreneur when they resolve to do something about it.
第三类企业绝大部分都在私人手中，其中包括最为成功的私有化企业：近一半落入了它们原先的经理们手中。
The third group, largely in private hands, contains the most successful privatised companies: the half that ended up in the hands of their managers.
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