I respectfully disagree. The potential reward in a startup is orders of magnitude higher than academia. The percentage of time dedicated to useful work is higher in a startup (funding proposals suuuuck). The time you start earning money is years earlier in a startup (no need for masters or PhD). I agree about credit (which unless it's Nobel level is almost worthless, and usually the department chair gets the most credit anyway) and luck.
While I don't regret my years in academia, it's only because it helped me land my first industry job which would be super difficult without that background. Academia itself as a career path was a big no for me after my first two published papers.