BREAKING NEWS WATCH LIVE: Four witnesses testify in public impeachment hearings Full Story
STREAMING NOW: Watch Now

Travis Kalanick is hiring

Uber cofounder Travis Kalanick is hiring for his newest gig.Kalanick -- who was ousted as Uber's CEO last June...

Posted: Mar 21, 2018 8:43 AM
Updated: Mar 21, 2018 8:44 AM

Uber cofounder Travis Kalanick is hiring for his newest gig.

Kalanick -- who was ousted as Uber's CEO last June -- said he's investing $150 million in a holding company called City Storage Systems, which focuses on redeveloping distressed assets in real estate areas like parking, retail and industrial.

Once the deal goes through, Kalanick will acquire "controlling interest" in the company and become its CEO.

And he's looking for employees: "For anyone that wants to work at our 15-person startup, email me," Kalanick wrote on Twitter Tuesday.

He wrote that two of City Storage Systems' businesses focus on real estate acquisition and development for food and retail service industries.

Related: Ex-Uber CEO Travis Kalanick launches his comeback with new fund

Earlier this month, Kalanick announced his comeback fund called 10100, pronounced "ten one hundred."

He said the fund will center on real estate, e-commerce, and innovation in China and India in a statement posted on his social media accounts.

It comes less than one year after Kalanick was pushed out as CEO of Uber, the world's most valuable startup. His departure followed a series of crises at the company, including a high-profile sexual harassment and work culture investigation.

Under his leadership, the company was known for butting heads with government agencies over regulation and for its sometimes contentious relationship with its own drivers.

Article Comments

Eugene
Overcast
51° wxIcon
Hi: 53° Lo: 42°
Feels Like: 51°
Corvallis
Overcast
50° wxIcon
Hi: 54° Lo: 40°
Feels Like: 50°
Roseburg
Overcast
51° wxIcon
Hi: 51° Lo: 43°
Feels Like: 51°
North Bend
Overcast
54° wxIcon
Hi: 54° Lo: 42°
Feels Like: 54°
KEZI Radar
KEZI Temperatures
KEZI Planner

LATEST FORECAST