You always have a choice; it's the same choice you have with investors and clients, the option to stop (either by quitting or getting fired). Mentally, you might not see a job that way, but it's the same basic choice. If you have a single investor, or a single client, it's the same as a boss. Running the company might let you diversify towards multiple clients or multiple investors, but then you've just traded one boss with a lot of influence for many bosses with proportionally less influence. The choice, with each one, is the same.
Having one boss with a lot of influence versus many with proportionally less influence is the point. When you have many bosses, you can choose between them. When you have one boss, you can't. That's the choice that matters.