Early-stage SaaS startups grow the same with or without VC dollars

> SaaS startups with between $1 million and $15 million of ARR saw nearly identical levels of growth, on average

Sounds reasonable but the study is by a company who lends growth financing to startups, for which the article is basically an ad. (Ironically earlier today there was an article about scams where you could buy a story about your company on techcrunch: https://news.ycombinator.com/item?id=36800456