 "Former Uber CEO Travis Kalanick to start investment fund called 10100; to focus on India, China")
Travis Kalanick, the former Uber chief executive, announced on Wednesday in a Twitter post that he is going to start an investment fund called 10100. The overarching theme of the new fund, pronounced “ten-one-hundred”, will be to invest in real estate, ecommerce and emerging innovation in China and India, Kalanick said in a tweet.
Some news… pic.twitter.com/urFBrb9aCV
— travis kalanick (@travisk) March 7, 2018
The fund will oversee for-profit investments as well as non-profit work and focus on education and future of cities, Kalanick said. Twitter was abuzz with speculation behind the meaning of the new fund’s name. [caption id=“attachment_4341131” align=“alignleft” width=“380”]  Travis Kalanick. Reuters.[/caption] One user suggested that it could be a reference “Googol” or “10 to the power 100.” Kalanick was not immediately available to respond to additional queries regarding his new venture. Kalanick, co-founder the San Francisco-based ride hailing startup Uber, resigned in June under pressure from investors after a string of setbacks.
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