{"data":{"type":"company_profile","id":67232,"entity_id":"wefunder:company:67232","attributes":{"canonical_url":"https://wefunder.com/vuba","generated_at":"2026-06-27T02:42:52Z","updated_at":"2026-06-26T05:01:19Z","entity_ids":{"company":"wefunder:company:67232","slug":"wefunder:company_slug:vuba"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-27T02:42:52Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-26T05:01:19Z","as_of":"2026-06-27T02:42:52Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-26T05:01:19Z","as_of":"2026-06-27T02:42:52Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-27T02:42:52Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-27T02:42:52Z","confidence":"medium"}}},"company":{"id":67232,"entity_id":"wefunder:company:67232","slug":"vuba","name":"Vuba","tagline":"A pending $1.3 billion contract has Vuba  poised to become a global driverless transit leader ","elevator_pitch":"We get you there fast! In fact, our name, Vuba, means “to move quickly.” We solve the massive global challenges of urban traffic congestion and air pollution by using electric vehicles that move on an elevated guideway – taking people and traffic off the streets. Our computer control system optimizes traffic to provide fast, safe and affordable service, including non-stop travel from origin to destination.","story":"Paul has spent 15 years developing innovative aircraft designs as an aerospace engineer and working with a number of startup companies. Most recently, he was COO for a company in the automated transit space. Paul knew he wanted to combine his previous experience with his passion for helping people – in particular, the people of Rwanda, the country where he met Phionah.Paul Klahn, Peter Muller and Phionah NyangomaPeter, originally from South Africa, has spent two decades focusing on driverless transit. Peter and his company, PRT Consulting, are well-known internationally as top experts in the field.Vuba: global team, global solutionsAfter deciding to work together two and a half years ago, they are now forging ahead with their shared vision of using driverless sustainable transit to provide mobility and jobs for people in need. Vuba, in partnership with the Government of Rwanda, is pursuing a city-sized driverless transport system in the capital city of Kigali, which is expected to be a $1.3 Billion project. This project alone is projected to increase Vuba's valuation 49 times from $8.1 million to 400 million.Vuba TeamUrban Transportation is a\u0026nbsp;Massive Global Problem That Vuba SolvesIt’s clear that 20th century transportation solutions are failing. Cities worldwide have become terribly congested and blanketed in smog. Our planet is at risk of catastrophic climate change due to CO2 emissions and the use of fossil fuels. More than a million people die every year from traffic accidents, and many millions more are seriously injured. There is no question – we MUST develop new solutions to create a healthy and sustainable future.\u0026nbsp;Vuba provides smart solutions to\u0026nbsp;these massive global challenges.We MUST create new solutions for urban mobility.Vuba gets you there quickly! Imagine requesting a ride via an app (or at a kiosk), and within a minute or less a driverless electric vehicle arrives at a nearby station to pick you up. Riding smoothly above traffic on an elevated guideway, you are taken non-stop to your destination: quickly, quietly, safely, using electricity from renewable sources. No fossil fuels, no air pollution, no CO2 emissions. Freely flowing transport, with no backed up intersections, no rush-hour congestion, no traffic accidents. Just quick, reliable urban transport at affordable prices.Vuba provides an elegant solution for Smart City mobility.Vuba provides an elegant public transportation system woven into the tapestry of your city, providing increased quality of life AND a profitable business model.Profitable public transport for healthier, sustainable cities.Help us create a healthier, sustainable world through Smart Mobility solutions.How it worksUrban OperationsMedium Size Elevated StationStation incorporated into a buildingMall stationComputerized Control SystemThe control system we are using has been operating driverless PRT vehicles in public service flawlessly for over 5 years.Efficient Transportation SystemA Multiple Benefit\u0026nbsp;Value PropositionVuba operates under a narrow elevated guideway, taking\u0026nbsp;passengers non-stop to their destination.\u0026nbsp;We reduce\u0026nbsp;congestion on existing streets while completely avoiding pedestrians and road traffic. Through the use of precision computer control, a single guideway can handle the same amount of traffic as six lanes of surface street.A Vuba PRT system can reduce a city’s transport-related CO2 emissions by millions of tons over the life of the system. At the same time, we also eliminate other forms of air pollution and noise pollution, providing an enhanced quality of life for urban dwellers.Installation of small columns instead of large road beds means quick construction and minimal environmental impact. Since Vuba typically uses existing rights of way, we avoid expensive land purchases and disruption to existing infrastructure.\u0026nbsp;Hence, Vuba deploys a capital-lite model of urban transit. The costs of deploying the system is expected to be half the cost of building new roads and 1/5th of the cost of light rail. This, in combination with low operating costs due to solar powered and driverless vehicles transforms transit business economics. Instead of losses and negative returns, Vuba can deliver transit profit margins of 50%+ and returns on invested capital of 15%+. Our elevated system reduces wear and congestion on city streets, and helps reduce the need for more parking space within the city.We help increase property value and free up real estate for other more valuable purposes.While standard modes of public transport require expensive subsidies, Vuba makes moneyA single PRT vehicle can take 20 cars off city streetsWe Make Money from Developing \u0026amp; Operating The Vuba SystemThe Vuba business model has mechanisms for both short-term revenue and long-term recurring revenue. Early revenue is attained through project development/management and sales of proprietary technology. Long term recurring revenue results from ongoing operations and maintenance of the system, and profit sharing from the project Special Purpose Vehicle (SPV - the company running the project).\u0026nbsp;The business is expected to be profitable from the deployment and sale of the first Kigali PRT system segment Sources of revenueProgress/TractionDecember 2018 - Letter of Support - Rwanda Utilities Regulatory AuthorityJanuary 2019 - Letter of Intent - Rwanda Development BoardApril 2019 - Met President Kagame, President of RwandaMay 2109 - Met with 4 ministers, mayor and senior officials - agreed to move forwardJune 2019 - Delivered Pre-Feasibility StudyAugust 2019 - Delivered Financial ModelOctober 2109 - Engaged local tech partnersNovember 2019 - Delivered grant funding analysisMarch 2020 - Rwandan\u0026nbsp;Government commits to help fund project through equity investment in VubaJuly 2020 - Large Engineering/Procurement/Construction (EPC) Consortium expresses interest in funding and building Kigali PRT ProjectSeptember 2020 - International investment\u0026nbsp;firm intends to finance\u0026nbsp;Vuba and the full Kigali PRT Project (see letter of intent)October 2020 -\u0026nbsp;Presented proposed Special Purpose Vehicle $1,3 bill Financing Terms to Rwanda Minister of Infrastructure (positively received)October 2020 -\u0026nbsp;Agreed to terms for the formal, independent Kigali PRT Feasibility Study (International consulting firm with audited financials and transportation model) to be funded by the Government and completed by June 2021. October 2020 -\u0026nbsp;Identified two potential Kigali PRT pilot track locations: 1) Green City Kigali with FONERWA Green Fund and 2) connecting two bus ranks to downtown Kigali\u0026nbsp;October 2020 -\u0026nbsp;Established relationships with East African Finance Leaders including Rwanda Reserve Bank Chief Economist; Rwanda Stock Exchange CEO; Bank of Kigali CEO; Development Bank Rwanda CEO and two African funds January 2021 - Invented unique high-speed switching system - a substantial improvement over established technologyFebrury 2021 - CEO Paul Klahn in Rwanda meeting with government decision makers and stakeholders including Ministers and advisors to the President as well as potential Rwandan investors and industry partnersMarch 2021 - \"Utility Patent Pending\" for high-speed suspended PRT switch (see Updates)\u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp;Invest in Vuba today!","location":"Colorado Springs, CO","website":"https://www.go-vuba.com","total_amount_raised":108305,"total_investors":94,"is_funded":false,"is_active":false,"quality_score":1,"related_urls":["https://wefunder.com/vuba","https://www.go-vuba.com"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/67232/xxl_cropped_Vuba_Concept_20200910-1_16x9.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/67232/large_cropped_Vuba_Logo_20191113_Black_Letters_1000x1000.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/67232/standard_cropped_Vuba_Concept_20200910-1_16x9.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/67232/standard_cropped_Vuba_Concept_20200910-1_16x9.jpg","profile_video_url":"https://wefunder.wistia.com/medias/smgecnzeh0"},"links":{"company_url":"https://www.go-vuba.com","facebook_url":"https://www.facebook.com/Vuba.Go.Quickly"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"Vuba's driverless vehicle and guideway network provides a disruptive and profitable city transit solution"},{"index":2,"claim_id":"claim-fact-2","value":"Improve billions of lives through faster, safer, sustainable transport."},{"index":3,"claim_id":"claim-fact-3","value":"World-class team with advanced designs and proven autonomous vehicle control technologies"},{"index":4,"claim_id":"claim-fact-4","value":"Vuba has strong momentum and a straightforward path to unicorn valuation status"}],"team":[{"id":1100676,"entity_id":"wefunder:company_role:1100676","user_entity_id":"wefunder:user:1045638","role":"founder","name":"Peter Muller","title":"CTO","bio":"Peter co-founded a successful airport engineering and planning consultancy and founded a successful personal rapid transit consultancy. Both firms are still in operation. He is President of the international Advanced Transit Association.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1100676/square_cropped_Peter_1_-_20190109.jpg?1649202575","profile_url":"https://wefunder.com/peterjohnmuller","personal_url":"","linkedin_url":"https://www.linkedin.com/in/prtguru/","twitter_url":"https://mobile.twitter.com/PRTGURU","related_urls":["https://wefunder.com/peterjohnmuller",""]},{"id":1100697,"entity_id":"wefunder:company_role:1100697","user_entity_id":"wefunder:user:1047698","role":"founder","name":"Paul Klahn","title":"CEO","bio":"Paul built and led a team that designed, built and flew a brand new personal aircraft in just 27 months on a $1 million budget. The effort was on-time, on-budget and exceeded expectations.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1100697/square_cropped_PMK_2c-20190109.jpg?1649202575","profile_url":"https://wefunder.com/paul.klahn","linkedin_url":"https://www.linkedin.com/in/paul-klahn-22a712107/","related_urls":["https://wefunder.com/paul.klahn"]},{"id":1114749,"entity_id":"wefunder:company_role:1114749","role":"founder","name":"Phionah Nyangoma","title":"Biz Dev \u0026 Cultural Liason","bio":"Through determination and unyielding belief in self, Phionah transformed herself from a young girl in a small African village, to a talented, multilingual international entrepreneur.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1114749/square_cropped_Phionah_1c_-_20190109.jpg?1600286448","related_urls":[]},{"id":1353389,"entity_id":"wefunder:company_role:1353389","user_entity_id":"wefunder:user:1087110","role":"employee","name":"Jan Pretorius","title":"CFO","bio":"Jan Pretorius (B-Econ, MBA cum laude) is a Wall Street pro who’s served firms like Booz Allen, Goldman Sachs, Citibank, PwC, Google, Amazon \u0026amp; Siemens. He’s been Global Head of M\u0026amp;A and is a serial startup founder with two PRT firm investments.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1353389/square_cropped_jan_office_headshot_EXR__2_.jpg?1649202575","profile_url":"https://wefunder.com/janpretorius","linkedin_url":"https://www.linkedin.com/in/jan-pretorius-b84447/","related_urls":["https://wefunder.com/janpretorius"]}],"featured_investors":[{"id":5314,"entity_id":"wefunder:company_investor_profile:5314","investor_profile_id":827824,"investor_profile_entity_id":"wefunder:investor_profile:827824","subject_entity_id":"wefunder:user:1292256","name":"Olivier Canella","avatar_url":"https://uploads.wefunder.com/2021/user_default_icon_circle.png","profile_url":"https://wefunder.com/oliviercanella","investment_total":1000,"investment_info":"Invested $1,000 this round","is_lead_investor":true,"related_urls":["https://wefunder.com/oliviercanella"]}],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":22,"featured_investors":1,"faq_entries":5},"active_fundraises":[{"id":37401,"entity_id":"wefunder:fundraise:37401","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2020-10-29T21:54:22Z","funding_closed_at":"2021-05-01T05:02:43Z","auto_close_at":"2021-05-01T03:59:59Z"}],"latest_fundraise":{"id":37401,"entity_id":"wefunder:fundraise:37401","state":"successful","offering_type":"4(a)(6)","structure":"safe","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2020-10-29T21:54:22Z","funding_closed_at":"2021-05-01T05:02:43Z","terms":{"eb":null,"nb":null,"txt":null}},"recent_posts":[],"q_and_a":[{"id":318892,"entity_id":"wefunder:comment:318892","question":"God afternoon? Any update with the company? Any update on the pending $1.3 billion contract? It’s been 4 years sign you was supposed to sign the contract which was the main reason I invested in this company.","author_name":"Wegens Heurtelou","votes":1,"created_at":"2025-11-04T19:30:02Z","canonical_url":"https://wefunder.com/vuba#question-318892","answers":[]},{"id":191347,"entity_id":"wefunder:comment:191347","question":"Do you guys send investors quarterly updates?","author_name":"Juan Jackson","votes":1,"created_at":"2022-02-06T13:52:27Z","canonical_url":"https://wefunder.com/vuba#question-191347","answers":[]},{"id":188965,"entity_id":"wefunder:comment:188965","question":"Hi Paul - Is there a recent investor update?","author_name":"Evan Khan","votes":1,"created_at":"2022-01-17T22:20:29Z","canonical_url":"https://wefunder.com/vuba#question-188965","answers":[]},{"id":335793,"entity_id":"wefunder:comment:335793","question":"@Wegens - Coincidentally, Peter sent an update by email 2 days ago. If you didn't receive it, you could email him (peter at go-vuba.com).","author_name":"Paul Kellam","votes":0,"created_at":"2026-06-17T13:07:02Z","canonical_url":"https://wefunder.com/vuba#question-335793","answers":[]},{"id":335785,"entity_id":"wefunder:comment:335785","question":"Any updates? It’s been 5 years now and still nothing to show, what happened to the $1.3 Billion USD contract? I invested my money mainly for that and still nothing I show","author_name":"Wegens Heurtelou","votes":0,"created_at":"2026-06-17T07:57:03Z","canonical_url":"https://wefunder.com/vuba#question-335785","answers":[{"id":335838,"entity_id":"wefunder:comment:335838","answer":"Wegens we just sent a newsletter to wheurtelou@gmail.com on Monday. Here is a link to it. https://conta.cc/4uCJerY Please revise your email address if necessary.","author_name":"Peter Muller","votes":0,"created_at":"2026-06-17T19:32:02Z"}]},{"id":146631,"entity_id":"wefunder:comment:146631","question":"hello, i want to invest with you guys how will i go about it.","author_name":"Alfred Mose","votes":0,"created_at":"2021-05-01T06:55:56Z","canonical_url":"https://wefunder.com/vuba#question-146631","answers":[{"id":146708,"entity_id":"wefunder:comment:146708","answer":"Hi, Alfred! We would be happy to discuss your potential investment. Please contact us directly at info@go-vuba.com and we can discuss further. Thanks for your interest in Vuba! -Paul","author_name":"Paul Klahn","votes":0,"created_at":"2021-05-01T17:23:12Z"}]},{"id":145528,"entity_id":"wefunder:comment:145528","question":"?","author_name":"Tal Charnes","votes":0,"created_at":"2021-04-28T06:28:32Z","canonical_url":"https://wefunder.com/vuba#question-145528","answers":[]},{"id":145234,"entity_id":"wefunder:comment:145234","question":"If we decide to invest again in the future, are well able to do that? And how?","author_name":"Alyssa Maac","votes":0,"created_at":"2021-04-27T02:56:48Z","canonical_url":"https://wefunder.com/vuba#question-145234","answers":[{"id":145901,"entity_id":"wefunder:comment:145901","answer":"Hi Alyssa! Yes -- it is our intent for all early investors to be able to re-invest in future rounds. As an investor, you will receive quarterly updates from us and will be informed when we are opening up the next round, and what the format and process will be. Additionally, you are always welcome to contact us directly with any questions!","author_name":"Paul Klahn","votes":0,"created_at":"2021-04-29T15:18:28Z"}]},{"id":144570,"entity_id":"wefunder:comment:144570","question":"When is the 1.3 billion dollar contract supposed to be signed? What is this contingent upon? Are there other companies competing for this?","author_name":"Tal Charnes","votes":0,"created_at":"2021-04-24T22:12:41Z","canonical_url":"https://wefunder.com/vuba#question-144570","answers":[{"id":145898,"entity_id":"wefunder:comment:145898","answer":"Hi, Tal! Rwanda has a PPP law which outlines all of the steps and requirements for a large project like this, so this is the process we are following. The basic steps are (in order): company and project introduction; pre-feasibility study; feasibility study; study approval; project negotiation; project approval. We submitted a pre-feasibility study that outlined the basic proposal for the Kigali PRT system (and identified the approximate $1.3B cost) and we prepared a detailed financial pro forma to demonstrate the profit potential. These have been accepted/approved, along with Terms of Reference for the full study. In about 3 weeks from now I will be back in Rwanda to sign an MOU which officially launches the full feasibility study, and outlines other basic terms such as timeline and exclusivity for this project. As long as we continue to reach our milestones/gateways, we will have exclusive rights to this project til 2026, and then TBD if more time is required. Contingencies include pretty basic things like successful full-scale technology demonstration and safety certification, and our ability to execute on a reasonable timeline. We have received unwavering support from the Minister of Infrastructure, Minister of ICT, Minister of Environment, and the Director General of the Rwanda Utilities Regulatory Authority (RURA). I also had the privilege of meeting with the President of Rwanda, who gave us a big thumbs up to make this happen. (See this post about my meeting with the President: https://go-vuba.com/visionary-leadership/ ) Let me know if you have further questions! Thanks!","author_name":"Paul Klahn","votes":0,"created_at":"2021-04-29T15:13:41Z"}]},{"id":136925,"entity_id":"wefunder:comment:136925","question":"Thank you for answering my previous question, I think do dividends are a great option for this kind of business! Could you explain more on how you plan to incorporate them? (Timeline, amount, anything else you have planned).","author_name":"Jeremy Ryan Seppi","votes":0,"created_at":"2021-03-22T17:53:36Z","canonical_url":"https://wefunder.com/vuba#question-136925","answers":[{"id":137607,"entity_id":"wefunder:comment:137607","answer":"Jeremy, We plan to begin paying dividends once we are profitable and have sufficient operating cash flow, which we hope will be around 2023/2024. The amounts will be in proportion to our profitability, which we are expecting to be robust (60%+ at the Operating Profit level).","author_name":"Peter Muller","votes":1,"created_at":"2021-03-25T14:41:17Z"}]},{"id":135782,"entity_id":"wefunder:comment:135782","question":"While flexibility is important, do you see yourselves selling out, or leading to an ipo? If IPO which market are you planning for? Could you also provide your estimated timeline?","author_name":"Jeremy Ryan Seppi","votes":0,"created_at":"2021-03-18T16:11:02Z","canonical_url":"https://wefunder.com/vuba#question-135782","answers":[{"id":136293,"entity_id":"wefunder:comment:136293","answer":"Jeremy, we do not anticipate needing to go public. Our projections are that we will be very profitable and able to grow quickly based on those profits and the debt financing they will enable. We anticipate our shareholders will greatly enjoy their dividends and not want to exit early. Should they want that, we anticipate that it will be possible.","author_name":"Peter Muller","votes":1,"created_at":"2021-03-19T19:55:46Z"}]},{"id":134303,"entity_id":"wefunder:comment:134303","question":"Why is this offering shown as a Future Equity investment with a valuation cap, if the contract terms are a loan with repayment by a share of revenue without an equity component?","author_name":"Paul Kellam","votes":0,"created_at":"2021-03-10T20:49:33Z","canonical_url":"https://wefunder.com/vuba#question-134303","answers":[{"id":134882,"entity_id":"wefunder:comment:134882","answer":"Paul, we have had a number of investors request that we offer equity rather than revenue share. We are now in the process of changing to offer equity. Coordination of this change with Wefunder has taken time and we are still ironing out some wrinkles. Sorry for any confusion but rest assured we are offering equity, not revenue share. Anyone who signed up for revenue share will now get equity or their money back.","author_name":"Peter Muller","votes":0,"created_at":"2021-03-14T16:48:51Z"}]},{"id":133159,"entity_id":"wefunder:comment:133159","question":"hi Paul, hi Peter, i do business in Africa and know that the Chinese are strongly present in every sector of the economy. Are there any foreign transport companies willing to develop a fast transit system in Kigali too? if yes, what differentiates your product to theirs? thanks. jack","author_name":"Jacky Cornille","votes":0,"created_at":"2021-03-02T01:18:30Z","canonical_url":"https://wefunder.com/vuba#question-133159","answers":[{"id":133466,"entity_id":"wefunder:comment:133466","answer":"Hi Jacky, yes, the Chinese are building roads in Rwanda. We have been approached by a European construction company that was interested in building bus rapid transit (BRT) in Kigali but is now interested in PRT. A big problem with BRT is the windy roads in hilly Kigali require straightening and widening and the land for this is expensive and difficult to obtain.","author_name":"Peter Muller","votes":1,"created_at":"2021-03-04T17:20:57Z"}]},{"id":130246,"entity_id":"wefunder:comment:130246","question":"Is there any progress? How much do you need to be invested in order to proceed with your plans? What will this money be used for?","author_name":"Tal Charnes","votes":0,"created_at":"2021-02-12T15:16:00Z","canonical_url":"https://wefunder.com/vuba#question-130246","answers":[{"id":130997,"entity_id":"wefunder:comment:130997","answer":"Hi Tal, we are making continuous progress. Here is what is happening right now: Our CEO, Paul, has just started his trip to Rwanda and has already had good meetings with the Minister of ICT and Innovation, the previous Director General of the Rwanda Utilities Regulatory Authority, a strategic advisor to the President, the previous Ambassador to Canada, and two potential investors. We are about to receive \"Utility Patent Pending\" for a unique switching mechanism for suspended PRT that enables smooth and safe switching at high speeds. We are building a ¼ scale prototype to test and demonstrate it. Investments will mostly go towards technology development, prototypes and proving feasibility.","author_name":"Peter Muller","votes":0,"created_at":"2021-02-16T20:12:08Z"}]},{"id":128750,"entity_id":"wefunder:comment:128750","question":"Hello Peter or Paul, I just want to make sure I understand what you are offering based off of reviewing the Vuba Pitch Deck. You are offering a Revenue Share Loan with a 5.25x payback. So in this case if a person invest $200.00 x 5.25 = $1,050. That is the amount WeFunder investor's will receive, correct? Question #2) After we received this money back, we will not receive any other funding in the future because we are not being offered any equity. Is this correct? Thanks for your time.","author_name":"Darlene Riley Wallace","votes":0,"created_at":"2021-02-05T01:00:41Z","canonical_url":"https://wefunder.com/vuba#question-128750","answers":[{"id":130996,"entity_id":"wefunder:comment:130996","answer":"Hi Darlene, both of your assumptions are correct. Thanks for your interest.","author_name":"Peter Muller","votes":0,"created_at":"2021-02-16T20:06:46Z"}]},{"id":128457,"entity_id":"wefunder:comment:128457","question":"Why do you think Vuba has not raised $100,000 on Wefunder - a benchmark and incentive of 20% revenues each quarter for inventors? As of now, you've only raised $20,305. Do you have concurrent fundraising campaigns occurring to reach your goals?","author_name":"Keith Davis","votes":0,"created_at":"2021-02-03T20:29:49Z","canonical_url":"https://wefunder.com/vuba#question-128457","answers":[]},{"id":124429,"entity_id":"wefunder:comment:124429","question":"Hi Team, I fully understand that your project is really big and intends to change the life of millions of people. Incase it does not happen, how you intend to refund the investors?","author_name":"Sheik Moosun","votes":0,"created_at":"2021-01-14T04:45:42Z","canonical_url":"https://wefunder.com/vuba#question-124429","answers":[{"id":127851,"entity_id":"wefunder:comment:127851","answer":"Hi Sheik Moosun! Thanks for your question. If the Kigali PRT Project stalls, we have a number of other PRT projects in the pipeline in Africa and the US which we expect would be just as successful. That said, we are a startup company and, if the worst came to the worst, we may not be able to refund our investors. To balance this risk is why we are offering a high multiple potential return.","author_name":"Peter Muller","votes":0,"created_at":"2021-02-01T20:20:18Z"}]},{"id":118591,"entity_id":"wefunder:comment:118591","question":"Hi can you tell me do you know what it would cost per mile to install your system?","author_name":"Robert Pavelchak","votes":0,"created_at":"2020-12-11T00:47:17Z","canonical_url":"https://wefunder.com/vuba#question-118591","answers":[{"id":119581,"entity_id":"wefunder:comment:119581","answer":"Hi Robert, the capital cost per mile depends on many factors and will vary from project to project, and from one geographical region to another. For example, in the San Francisco Bay area, the price could be $20M or more per one-way mile (including the all-in cost for guideway, stations, vehicles, and other ancillary items) due to local price index, project complexities, soil and seismic considerations. In developing countries with a low cost basis and favorable conditions, the price range could drop as low as $7M to $10M. We think the more critical parameter is the net difference between what the system costs to build, operate and maintain, versus the number of people that will ride it and how much they will be willing to pay. We believe we can achieve a profitable operating margin between 50% - 75%, which means the system pays for itself and provides a profit to investors. This would be a major breakthrough for public transportation!","author_name":"Peter Muller","votes":0,"created_at":"2020-12-15T22:57:51Z"}]},{"id":117425,"entity_id":"wefunder:comment:117425","question":"I am one of preferred contractors in the US for Amtrak and do alot of business in the light rail industry. I think this idea is fabulous and was wandering if you have picked an electrical company yet to do the electrical engineering and installs yet for this line. We would be very interested in performing the task for this. As well as other work needed for the project. Also I have no problem investign in the overall project. Would love to talk to someone about it before hand.","author_name":"S. Gibson","votes":0,"created_at":"2020-12-04T16:16:19Z","canonical_url":"https://wefunder.com/vuba#question-117425","answers":[{"id":117467,"entity_id":"wefunder:comment:117467","answer":"We would be happy to talk with you Mr.(?) Gibson. Since your questions seem quite wide ranging, Paul and I would both like to have a Zoom call with you. Can you please provide your contact information through www.go-vuba.com?","author_name":"Peter Muller","votes":0,"created_at":"2020-12-04T19:12:02Z"}]},{"id":116102,"entity_id":"wefunder:comment:116102","question":"I noticed the invested amount dropped by $25000. Does anyone know what happened ?","author_name":"Andrew Rutherfurd","votes":0,"created_at":"2020-11-26T14:12:42Z","canonical_url":"https://wefunder.com/vuba#question-116102","answers":[{"id":116236,"entity_id":"wefunder:comment:116236","answer":"Hi, Andrew – We have an investor who we have known for quite some time. This investor wanted to substantially increase his investment, but with different terms than we are offering through the crowdfunding campaign. On Wednesday he withdrew his crowdfund investment and is in the process of re-investing double the original amount with us. We expected that this would raise questions within our Wefunder community, but we decided it was prudent to take this offer and increase our total funding.","author_name":"Peter Muller","votes":1,"created_at":"2020-11-27T21:53:12Z"}]},{"id":114686,"entity_id":"wefunder:comment:114686","question":"When is the deadline to invest?","author_name":"Gregory Lee Jr.","votes":0,"created_at":"2020-11-16T19:57:44Z","canonical_url":"https://wefunder.com/vuba#question-114686","answers":[{"id":114736,"entity_id":"wefunder:comment:114736","answer":"Gregory,\u0026nbsp;if you invest now you can still qualify for the early bird bonus. We expect investing will be open for the next six weeks or so.","author_name":"Peter Muller","votes":0,"created_at":"2020-11-16T22:32:26Z"}]},{"id":113206,"entity_id":"wefunder:comment:113206","question":"Hi. Do you have any pilot track locations in the US? Also, why not offer equity instead of revenue share? I believe CF investors mostly invest less than $1K. I don't want to invest $200 and have to wait 5 years to get $1K back. If your company grow to unicorn level thanks to CF investors it's only fair that we reap the benefits too...","author_name":"Leonardo Lee","votes":0,"created_at":"2020-11-05T21:37:51Z","canonical_url":"https://wefunder.com/vuba#question-113206","answers":[{"id":113209,"entity_id":"wefunder:comment:113209","answer":"Hi Leonardo, we are halfway through building a 1/4 scale test track in the US.\u0026nbsp;We decided on revenue share for a number of reasons including that we expect to have significant revenue quite a few years before we have significant profits - thus investors will get a quicker return. In addition, this way the rate is fixed and not dependent on a\u0026nbsp; startup\u0026nbsp;valuation process.If it does take 5 years to turn $200 into $1,000 that is about a 50% annual rate of return. Not too bad huh?","author_name":"Peter Muller","votes":0,"created_at":"2020-11-05T22:01:02Z"}]}],"faq":[{"question":"Hi. Do you have any pilot track locations in the US? Also, why not offer equity instead of revenue share? I believe CF investors mostly invest less than $1K. I don't want to invest $200 and have to wait 5 years to get $1K back. If your company grow to unicorn level thanks to C...","answer":"Hi Leonardo, we are halfway through building a 1/4 scale test track in the US.\u0026nbsp;We decided on revenue share for a number of reasons including that we expect to have significant revenue quite a few years before we have significant profits - thus investors will get a quicker return. In addition, this way the rate is fixed and not dependent on a\u0026nbsp; startup\u0026nbsp;valuation process.If it does take 5 years to turn $200 into $1,000 that is about a 50% annual rate of return. Not too bad huh?"},{"question":"When is the deadline to invest?","answer":"Gregory,\u0026nbsp;if you invest now you can still qualify for the early bird bonus. We expect investing will be open for the next six weeks or so."},{"question":"I noticed the invested amount dropped by $25000. Does anyone know what happened ?","answer":"Hi, Andrew – We have an investor who we have known for quite some time. This investor wanted to substantially increase his investment, but with different terms than we are offering through the crowdfunding campaign. On Wednesday he withdrew his crowdfund investment and is in the process of re-investing double the original amount with us. We expected that this would raise questions within our Wefunder community, but we decided it was prudent to take this offer and increase our total funding."},{"question":"I am one of preferred contractors in the US for Amtrak and do alot of business in the light rail industry. I think this idea is fabulous and was wandering if you have picked an electrical company yet to do the electrical engineering and installs yet for this line. We would be ...","answer":"We would be happy to talk with you Mr.(?) Gibson. Since your questions seem quite wide ranging, Paul and I would both like to have a Zoom call with you. Can you please provide your contact information through www.go-vuba.com?"},{"question":"Hi can you tell me do you know what it would cost per mile to install your system?","answer":"Hi Robert, the capital cost per mile depends on many factors and will vary from project to project, and from one geographical region to another. For example, in the San Francisco Bay area, the price could be $20M or more per one-way mile (including the all-in cost for guideway, stations, vehicles, and other ancillary items) due to local price index, project complexities, soil and seismic considerations. In developing countries with a low cost basis and favorable conditions, the price range co..."}]}}}