So they bought a huge factory with the vast majority of a previous round raised ($100M of $122M), which is interesting. This reminds me of real-estate-backed in

So they bought a huge factory with the vast majority of a previous round raised ($100M of $122M), which is interesting. This reminds me of real-estate-backed investments. If you need to buy, say, a farm to test a pharmaceutical or machinery or drones or whatever, then that farm will hold its value, regardless of the fate of the startup. And I guess that means investors believe that money is coming back to them, regardless? So their only real exposure is the "liquid" part (the $22 million in the example)? If someone knows more about this, I'd be interested in hearing how it works on these sorts of deals.