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Updated almost 7 years ago on . Most recent reply

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Joseph M.
  • Flipper/Rehabber
  • Los Angeles, CA
732
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1,416
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Uber founder Travis Kalanick is now CEO of a real estate company

Joseph M.
  • Flipper/Rehabber
  • Los Angeles, CA
Posted
Thought this was pretty interesting . Will be interesting to see what happens with this company as it just has 15 people now . He’s definitely a controversial guy but did amazing things growing Uber. — Uber founder and former CEO Travis Kalanick has taken the reins of a Los Angeles-based real estate startup, following a $150 million investment through his new fund, 10100. The small firm, called City Storage Systems, is focused on the redevelopment of distressed real estate assets. That primarily includes parking, retail, and industrial properties that “will need to be repurposed for the digital era,” Kalanick wrote on his Twitter account, announcing his fund’s purchase of a controlling stake in the company. Kalanick will become CEO of the 15-person company and expects his 10100 team “to be highly involved” in operations, he said. That apparently includes hiring — he provided his 10100 email address and asked any interested job applicants to shoot him a resume. https://therealdeal.com/la/2018/03/21/uber-founder-travis-kalanick-is-now-ceo-of-a-real-estate-company/

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