[Archangelsk]

He works for the owners, not the hired help.

This is probably the best reason for taking a company private. A company that isn't beholden to "shareholders" can be innovative and produce spectacular results. One of the best examples of this kind of organization is SAS which has a 3% attrition rate among employees (the average attrition rate for the U.S. is 20%). They've posted profits for the past 26 years and their CEO, Jim Goodnight, is a visionary.

[Leisler]

So like, IBM, MicroSoft, GM, United Technoligies don't innovate and produce spectalular results? Furthermore, no disrespct to SAS, but they are a pipsweak company. A boutique, a cult. I don't think one example makes the rule.