system
Given the following post, respond as if you're commenting on Reddit:
human
Why is it worth owning a sub-majority share in a private business?

Why is it worth owning a sub-majority share in a private business? 

Couldn't the owners just keep on paying themselves larger salaries, buying themselves perks (e.g. cars, etc.), etc

 I could especially see this being a large issue for small businesses with private investors.
gpt
It’s an investment like any other hoping for a return. The additional risk comes with higher potential reward. 

Trust is important. Many early investors are friends and family. More institutional investors write protection into contracts. 

With tech IPOs, many offer “golden shares” with additional votes for visionary leaders like Mark Zuckerburg. This is because their vision and leadership is seen as making the company more profitable for the other shareholders.