Creative Fabrica Funding History

Creative Fabrica has raised a total of $7.5M over the last 7 years Raising this capital resulted in dilution for Roemie Hillenaar despite non-dilutive funding options like Founderpath. With $7.5M money raised, Creative Fabrica would have to sell for $75.5M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $7.5M assuming no crazy liquidation preferences.

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