Maybe I'm missing something, but of those companies, several are public at multiples of their total raised funds and only one is out of business. They might not

Maybe I'm missing something, but of those companies, several are public at multiples of their total raised funds and only one is out of business. They might not have become Google 2.0 but I'd be hard pressed to call that collection of companies a cautionary tale against raising lots of money. Note that I'm not disagreeing with the premise that raising money shouldn't be a metric of success, just with the specific examples.