GoodVision Funding History

GoodVision has raised a total of $1.2M over the last 6 years Raising this capital resulted in dilution for Daniel Stofan despite non-dilutive funding options like Founderpath. With $1.2M money raised, GoodVision would have to sell for $12.1M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $1.2M assuming no crazy liquidation preferences.

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