Stukent Funding History

Stukent has raised a total of $275K over the last 10 years Raising this capital resulted in dilution for Stuart Draper despite non-dilutive funding options like Founderpath. With $275K money raised, Stukent would have to sell for $2.8M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $275K assuming no crazy liquidation preferences.

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