Ameyo Funding History

Ameyo has raised a total of $5M over the last 20 years Raising this capital resulted in dilution for Bishal Lachhiramka despite non-dilutive funding options like Founderpath. With $5M money raised, Ameyo would have to sell for $50M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $5M assuming no crazy liquidation preferences.

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