[desultir]

I feel like any time a company goes public they lose the ability to pass up on revenue. The C-suite report to the board, who have a fiduciary duty to maximize profits.

Same with private VC/PE held companies. The board will replace the C-Suite if they aren't maximizing value.

You'd need to find a company which is huge but privately held by a group of people with only good intentions.

[triceratops]

> who have a fiduciary duty to maximize profits

* Fiduciary duty to act in shareholders' interests. This is not the same thing as "maximize profits".

Maximizing profits makes the stock price go up. That benefits the C-suite. Because they're paid in stock.

The board designs their compensation package that way because they figure "number go up" is the easiest way to show they're acting in shareholders' interests.