Sports

Former Uber CEO Travis Kalanick begins new endeavor

Former Uber CEO Travis Kalanick begins new endeavor

Nine months after he was forced to resign as CEO of Uber, Travis Kalanick has a new baby: an investment fund named 10100.

His new firm, pronounced "ten one-hundred", encapsulates Kalanick's "passions, investments, ideas and big bets", he said.

Kalanick said his investments will center on large-scale job creation.

Little is known beyond the fund's one-page website, in which he said the the broad theme of 10100 will be "about large-scale job creation, with investments in real estate, e-commerce, and emerging innovation in China and India". He added that he will begin work on nonprofit projects involving education and the future of cities.

Florida lawmakers vote to stay in Daylight Saving Time all year long
Others, like school children and farmers, don't like waiting on the bus in the dark or pitching hay to cows before dawn. Sunday, so you'll "lose" an hour of sleep (unless you sleep in another hour or go to bed an hour early).

Kalanick was not immediately available to respond to queries about his new venture.

However, there was no information about the size of the venture fund or the number and ticket size of investments that it will make.

Kalanick announced the fund's launch on Twitter, saying: "Over the past few months I've started thinking about what's next".

Kalanick resigned from Uber following a tumultuous period in which the firm was hit by several controversies and was accused of fostering a culture of workplace harassment and sexism, among other things.

Three cornerbacks tie for NFL Combine's fastest player in 2018
Some years, the two players previously mentioned - the top quarterback and the top talent available - are one in the same player. Brown managed just 14 reps at 225 pounds, a lower total than most of the running backs here in Indianapolis .

Susan Fowler, a former site reliability engineer, levelled numerous allegations of sexism against her former superiors in a blog post.

Kalanick continues to hold a seat on the board of the ride-hailing giant. His move comes on the back of partly selling his 10% stake in the ride sharing company cashing in about $1.4 billion when Japanese investor SoftBank came on board.

Health start-up Kareo Inc last week said Kalanick had joined its board.

Kalanick made $1.4 billion when he sold a chunk of Uber stock in January.

See how well you do in our International Women's Day quiz
In the following years, the movement would grow global as a way to raise awareness of women's labor conditions. Nike aired a commercial during the Oscars starring Serena Williams commemorating International Women's Day .

In his 2016 trip to India as Uber CEO, Kalanick had urged ex-servicemen in India to avail entrepreneurship opportunities with the company as driver partners.


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