Uber co-founder’s 10100 drew people’s attention. After a bumpy ride last year, we barely saw the celebrity CEO in news. In fact, many might think what is his next?
Travis Kalanick joined Uber almost a decade ago in 2009. Moreover, he actively served the company for 8 years. After a number of scandals and criticism, Kalanick went through a tumultuous ride. Eventually, he had to resign from his own company after few days of her mother’s tragic accident.
past few months
In fact, all these events brought Travis in the front line of the news. However, now, the former Uber CEO is back with a new plan. For the past few months, he spent time with the entrepreneurs, innovators, tech startups, and some not for profit organization.
10100 is the next thing Kalanick works on. He pronounces the fund as “Ten-One-hundred”. Ten-one-hundred is an investment fund to do “large-scale-job creation. Moreover, Travis Kalanick will use this fund to invest in real estate, e-commerce, and “emerging innovation” in India and China. Besides, the fund will also undertake some not for profit project focusing on education and future cities. So far, we couldn’t learn more than this regarding the ‘10100”.
large-scale job creation
In a tweet, Travis posted this. “Over the past few months, I’ve started thinking about what’s next. I’ve begun making investments, joining boards, working with entrepreneurs and non-profits. Today I’m announcing the creation of a fund called 10100. (and this is) home to my passions, investments, ideas and big bets. It will be overseeing my for-profit investments as well as my non-profit work.
The overarching theme will be about large-scale job creation, with investments in real estate, e-commerce, and emerging innovation in China and India. Our non-profit efforts will initially focus on education and the future of cities.”