Here’s a list of the most popular listed companies that went private in recent decades. : Becoming and remaining private allows a larger degree of freedom for company management to embark on long-term, innovative, and high-risk, high-return ventures. A private company is not bound by the pressures of quarterly results. Another reason for going private could be a buyout by a private company or a venture capitalist firm. Going private results in the delisting of company shares from a stock exchange.