INTERNATIONAL - Former Uber CEO and co-founder Travis Kalanick announced a new investment fund that he’s calling 10100 (ten-one-hundred).
Kalanick explained that the fund will focus on his “passions, investments, ideas, and big bets.”
He further adds that the theme of the fund will be large-scale job creation with a focus on real estate, e-commerce, and innovations from countries like China and India.
“Our non-profit efforts will initially focus on education and the future of cities,” Kalanick writes.
The announcement was made on a Twitter note from Kalanick that read, “Some news...”
While it’s unclear how long Kalanick has been planning the launch of 10100, Here’s Kalanick’s announcement message in full:
Over the past few months, I’ve started thinking about what’s next. I’ve begun by making investments, joining boards, working with entrepreneurs and non-profits. Today I’m announcing the creation of a fund called 10100 (pronounced “ten-one-hundred”), 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.
For anyone who wants to get to work, email me at [email protected]
Some news… pic.twitter.com/urFBrb9aCV— travis kalanick (@travisk) March 7, 2018
- BUSINESS REPORT ONLINE