Now Rocket be careful you are starting to make sense. It's nice...

Now Rocket be careful you are starting to make sense. It's nice to have venture capital investors back your idea, but the reality is that venture capitalists use a shotgun approach they invest in lots of ideas with the plan that many will fail, but that will be more than compensated by the few who succeed.
It's nice that Lilac has venture capital backers, it's nice that they have won awards, it's nice that they claim success for their technology at bench top and at pilot plant level. It will be nice if they get it to work at demonstration plant level, but it will only be proven once they are producing profitably at a commercial scale.