Michael Arrington calls out Businessweek for their article about "Most Successful Startups in 2008". Businessweek decided that the measure that they would use for success was the amount of venture capital that a company had raised. They argue in a follow up article that they were transparent about their measurement. However the point to is not the transparency but the laziness/stupidity of the argument. It would have been much more honest if they admitted that.
The companies who raised the money don't (or shouldn't) measure success by the amount of money raised and the VCs who invested in those companies certainly don't measure success that way either.