The example was chosen on purpose, as I'm aware of that. However, pure research startups although private, definitely do not fall in the same basket as companie

The example was chosen on purpose, as I'm aware of that. However, pure research startups although private, definitely do not fall in the same basket as companies which produce something they can sell. Otherwise and following the alternate opinion, the distinction between academia and private businesses disappears (in the US) since US research depts are in good part funded by private money. Truth is that modern academia is a poorly regulated and inefficient industry. It wasn't always like that I think, and I am still hoping for better days to come back.