Corporation types and "maximizing shareholder value"?
robdimarco: If the founders care about not being forced to "maximize shareholder value", simply don't give out any controlling equity to non-founders.  Consider how the NY Times or Washington Post, and WSJ operated for a long time.  The controlling interest was held by a single family and not by all of the common shareholders.If you want to take outside investment, part of the deal is that the company no longer just belongs to the founder.  You no have other parties.  If you don't like it, don't take the money.