Funding

Who pays for Building the JPods Network

JPods LLC and the Georgia Mobility Company LLC pay to build our solar-powered mobility networks.

• We are investors, not vendors.
• We are taxpayers. We pay 5% of our gross revenues to use the public Rights of Way.
• We are investing Georgia to provide solar-powered mobility networks that combine:
  • The 140 times greater efficiency of freight railroads ($0.01 per passenger-mile in graph below,link).
  • The on-demand service of a physcial version of the Internet, a network of Horizontal-Elevators (link).
  • The 50,000 times better safety of theme park thrill rides (link).
• JPods Networks are 10 time to 50 times less expensive per passenger-mile that cars and buses.

Capital Flow:

Because of a century of centrally plan infrastructure, it surprise Americans to think that infrastructure should be privately funded. But building of the Internet and Transcontinental Railroads provide case studies in why infrastructure should be privately funded.The bookGreat by Choice, Uncertainty, Chaos, and Luck – Why Some Thrive Depite Them Allexplains the processes required:

• “20-mile marching”, incremental, steady, disciplined, step by step efforts.
• “Fire bullets, then cannon balls”, tinkering by starting small and iterating relentlessly.

The bookNothing Like It in the World, is a case study on how private capital funded building the railroads. The following graphic illustrates three types of capital are used by two different types of companies:

1. Local Mobility Companies (LMCs) mission is to own and operate the JPods networks to meet local needs. LMCs have two tasks:
   • Gain Rights of Way access (Solar Mobility Actand/orFranchise Contract with 5X5% Performance Standard)
   • Profit by serving the fare box payers with greater value than the cost to compete.
2. Master Mobility Companies (MMCs) construct the networks defined by the LMCs. MMCs operate with very focused requirements:
   • Repay construction captial every 12 months by selling completed networks to LMCs to operate.
   • From survey to certification of rail should take no more than 9 months once the manufacturing base is ramped to scale.
   • Complete 3 to 10 miles of networks per day per crew, matching the pace the Transcontinental Railroads were built in the 1860s.

 

Access to Capital:

Because conversion of traffic costs to value, Goldman Sachs issued a letter of interest to invest in JPods networks. There is capital available if governments will adopt the 5X5 Standard to break the regulatory barriers. Unless rejected in writing by governments, the 5×5 Standard of the Solar Mobility Act automatically grants use of Rights of Way for privately funded networks that are 5 times more efficient than roads for 5% of the network’s gross revenues. The eliminates the years of bureaucratic delays that add to costs without adding to value.