Producteev Funding History

Producteev has raised a total of $950K over the last 15 years Raising this capital resulted in dilution for Aric Lasry despite non-dilutive funding options like Founderpath. With $950K money raised, Producteev would have to sell for $9.5M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $950K assuming no crazy liquidation preferences.

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