Suralink Funding History

Suralink has raised a total of $6.3M over the last 9 years Raising this capital resulted in dilution for Tim Ballantyne despite non-dilutive funding options like Founderpath. With $6.3M money raised, Suralink would have to sell for $63.4M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $6.3M assuming no crazy liquidation preferences.

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