Alexander Interactive Inc Funding History

Alexander Interactive Inc has raised a total of $400K over the last 21 years Raising this capital resulted in dilution for Alex Schmelkin despite non-dilutive funding options like Founderpath. With $400K money raised, Alexander Interactive Inc would have to sell for $4M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $400K assuming no crazy liquidation preferences.

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?