Ex-Uber CEO Travis Kalanick launches family office

Photo by Steve Jennings/Getty Images Entertainment / Getty Images
Photo by Steve Jennings/Getty Images Entertainment / Getty Images

Travis Kalanick, the former CEO and co-founder of the transport network company, Uber, has set up a family office.

Kalanick announced the move, which had been anticipated for some time, on Twitter this week, saying: “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 (Wednesday) 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.”

He adds: “The overarching theme will be about large-scale job creation, with investments in real estate, ecommerce, and emerging innovation in China and India. Our non-profit efforts will initially focus on education and the future of cities.”

What is also out of the ordinary, Kalanick disclosed his email for his new venture. “For anyone who wants to get to work, email me at...,” he says. The Twitter tweet contains the details.

No doubt many people will, but maybe not all for the right reasons...