The theme of the new fund will be to invest in real estate, ecommerce and emerging innovation in China and India, Travis Kalanick said in a tweet.
**Travis Kalanick** , the former
**Uber** chief executive, announced on 7 March in a
Twitter post that he is going to start an investment fund called 10100. [caption id=“attachment_3263916” align=“alignleft” width=“380”]![File image of Uber CEO Travis Kalanick. Reuters]()
Travis Kalanick, former CEO, Uber. Reuters[/caption] 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. 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. 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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