The Funds startup kind wants to raise funds, and to have a nice exit.
What’s the matter about an Exit? You’re not building for the long term. If you want funds but no nice exit, you will give up control to people who will.
What’s the matter about raising funds? First, you’re losing time from your product. Then, you are borrowing money, so you will have to pay it back. For real, or in a scammy plot. Last big buyers lose, and will take it out on customers.
It’s not sexy to toil in those meatshops. You’re just a cog. But that system makes money, and needs more cogs. And it has money to publicize and romanticize themselves for the next generation of young, gullible cogs.