Truth! Preach it, Tim. LOL
Corporations usually have bylaws, a Board of Directors, and a credo or mission statement. A corporation is also a separate legal entity. The reason behind this is to protect individuals from being personally accountable for the contracts of the entity. Anyone who thinks they own Steemit, Inc. should then be willing to write the checks that pays the taxes, the lawyers (which I'm guessing are already on retainer), the accountants, the employees, and be responsible for any debt that may be incurred - and probably foot the bill to keep the lease and lights on at headquarters.
Glad you pointed it out, Tim. I don't think the majority is aware of this.