They've pivoted a little bit on their approach since then. In the beginning it was all about focussed pressure waves. Now they're starting with plasma. Fusion is really hard (well, at least for power generation, perhaps the "level a city" kind is easier). I think it's harder than self driving cars (for example) or landing rockets on barges (as another example). There are many fundamental problems in different areas that have to be solved and not all these areas are well understood.
I'm pleasantly surprised they are still going strong and that they were able to raise money to continue their progress. Obviously if they are successful the business opportunity of all power generation in the world is a pretty big one...