Publicly funded means that the company or corporation works for the public good … most of the time it works this way until corporate infiltration undermines it all.
Private funding always means that whatever the service or product is … profit will always be the motivating factor and everything including morals, rights, decency and fairness will all be sacrificed in order to maintain profits.
Whether you like public or private funding of anything … always remember that public funding at least tries to place public interest first … private funding always places public interest last.