Counterfind Funding History

Counterfind has raised a total of $2.4M over the last 6 years Raising this capital resulted in dilution for Mike Decoursey despite non-dilutive funding options like Founderpath. With $2.4M money raised, Counterfind would have to sell for $23.9M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $2.4M assuming no crazy liquidation preferences.

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