What's the catch? Does the fuel cost $10 a gallon?
I can't point you to where because the scrolling but mid-page it said it costs the same as regular fuel
Prometheus Fuels (YC W19) Closes Series B with $1.5B Valuation
11–20 of 124 posts
Re: Prometheus Fuels (YC W19) Closes Series B with $1.5B Valuation
#121.5B valuation and yet their UX is total shit and basically unusable.
Sounds like they have their priorities right, focusing on a hard-tech product and not a consumer web portal.
Re: Prometheus Fuels (YC W19) Closes Series B with $1.5B Valuation
#13They seem to be heavy on vision, marketing and zero-net-carbon partnerships with huge brands, light on technical detail (i wouldn't hate some links to papers or a PoC of their reactor or something), all of which feels a little Nikola-y.
Thin articles touching on the technology: https://prometheusfuels.com/on-the-road/meet-our-v3-faraday-... https://prometheusfuels.com/on-the-road/worlds-1st-machine-t...
Hopefully someone can chime in with an explanation of why the technology is viable now (and not in the past) or why Prometheus is equipped to execute on this vision.
Re: Prometheus Fuels (YC W19) Closes Series B with $1.5B Valuation
#14Re: Prometheus Fuels (YC W19) Closes Series B with $1.5B Valuation
#15The website really glosses over the part where they turn alcohols into gasoline. Is this an existing technology that is already available? I dont know as I'm not really plugged into energy generation technology. Also, it says that Titan turns 9 millions kilotons of CO2 into 1 million gallons of gasoline. Does it actually do this or is that what they expect it to do?
Re: Prometheus Fuels (YC W19) Closes Series B with $1.5B Valuation
#16They seem to be heavy on vision, marketing and zero-net-carbon partnerships with huge brands, light on technical detail (i wouldn't hate some links to papers or a PoC of their reactor or something), all of which feels a little Nikola-y. Thin articles touching on the technology: https://prometheusfuels.com/on-the-road/meet-our-v3-faraday-... https://prometheusfuels.com/on-the-road/worlds-1st-machine-t... Hopefully som…
And how a physical good/energy company that is worth $1.5B only has 20 employees...
Re: Prometheus Fuels (YC W19) Closes Series B with $1.5B Valuation
#17Re: Prometheus Fuels (YC W19) Closes Series B with $1.5B Valuation
#18Not surprised to see all the criticism of the website, as of course this is HN. But for me it loaded instantly and I absolutely loved the experience.
That said, the technology seems suspect. Carbon nanotubes are just as hard to use today as they were twenty years ago.
Re: Prometheus Fuels (YC W19) Closes Series B with $1.5B Valuation
#19They seem to be heavy on vision, marketing and zero-net-carbon partnerships with huge brands, light on technical detail (i wouldn't hate some links to papers or a PoC of their reactor or something), all of which feels a little Nikola-y. Thin articles touching on the technology: https://prometheusfuels.com/on-the-road/meet-our-v3-faraday-... https://prometheusfuels.com/on-the-road/worlds-1st-machine-t... Hopefully som…
And how a physical good/energy company that is worth $1.5B only has 20 employees...
Welcome to 2021. In a few years, Chase Coleman will pick up large stake in this company, take it public and financially engineer it enough to stuff it into the S&P at a $500bn valuation.
Re: Prometheus Fuels (YC W19) Closes Series B with $1.5B Valuation
#20Why convert methanol to gasoline when you can directly convert it into electricity using a reformer and HT-PEM fuelcell?