Nine months after he was forced to resign as CEO of Uber, Travis Kalanick has a new baby: an investment fund named 10100. On Wednesday, Kalanick announced the creation of 10100 – pronounced “ten-one-hundred” – on Twitter, saying that the “overarching theme” of the fund’s work would be “large-scale job creation”. Kalanick also said that the fund would undertake for-profit investments in real estate, e-commerce, and “emerging innovation” in China and India, as well as non-profit work focusing on education and “the future of cities”. A spokesman for Kalanick declined to provide further details, saying by email: “Stay tuned.” The erstwhile executive has largely stayed out of the news since Dara Khosrowshahi replaced him at the ride-hail company’s helm following a string of scandals and power struggle with Uber’s investors. He did appear in court in February to testify in the trade … [Read more...] about Ex-Uber CEO Travis Kalanick reveals new project: a ‘job creation’ fund
Uber travis kalanick net worth
The Uber co-founder and former chief executive Travis Kalanick is cashing in more than half a billion dollars of his stake in the ride share app, months after the company went public. After the end of the so-called “lockup period”, a 180-day restriction on inside and early investor sales, came to an end on Wednesday, Kalanick sold more than 20m shares, according to a financial filing submitted to the US Securities and Exchange Commission on Friday. The sale represents some 21% of his stake in the ride-hailing company, worth nearly $547m, according to the filing. Kalanick owns about 75.4m shares in Uber, worth more than $2bn, based on their Friday closing. Kalanick was a controversial figure who presided over a tumultuous period for the company that included allegations of gender discrimination, sexual harassment and a toxic workplace culture. Kalanick resigned as chief executive in 2017 amid pressure from investors. Executives like Kalanick continue to profit despite major … [Read more...] about Travis Kalanick, controversial ex-Uber CEO, cashes in $547m of shares
The founder of Uber sold off over 20 percent of his share in the company last week, pocketing over $500 billion in the process. Travis Kalanick began selling off his shares on Wednesday, the same day that trading restrictions were lifted on the company's outstanding shares. He then continued to sell large chunks of stock on Thursday and Friday, offloading just 20 million shares in total for a profit of just under $547 million. Laughing all the way to the bank: Travis Kalanick (above on Friday with a mystery woman) sold over 20 million shares in Uber last week after restrictions were lifted on the company's outstanding shares Hint of skin: He celebrated the sale by hitting up a Lakers game with a mystery woman, but spent much of his time glued to his phone (above) Kalanick still holds a little over 75 million shares of stock in the company, whose current value is over $2 billion. It is unclear how long those shares will be worth that much however, with Uber hitting a new … [Read more...] about Uber founder Travis Kalanick pockets over a half-billion dollars as he unloads company shares on same day stock price hits new low
RUPAUL is a pop culture legend that has earned a legion of fans with way more than just Drag Race. Following his cameo in Taylor Swift's music video for You Need To Calm Down, and with the UK version of RuPaul's Drag Race is just around the corner, let's take a look at RuPaul's impactful career so far. What is RuPaul's background? RuPaul Andre Charles is 58 years old having been born on November 17, 1960, in California. The San Diego native was named by his mother with "Ru" coming from roux, a term for the base of gumbo and other creole soups and soups.He is famous for his work as a drag queen, actor, television personality and singer. His show, RuPaul's Drag Race, has won three Primetime Emmy Awards and the iconic television personality is considered to be the most commercially successful drag queen in the US. He even made the Time 100 list as one of the most influential people in the world last year, in 2017. What does he look like in and out of drag? Out of his drag attire, RuPaul … [Read more...] about How old is RuPaul, what is his net worth and what TV shows and movies has he been in?
Uber’s CEO, Travis Kalanick, has announced that he will take an indefinite leave of absence as the embattled company released a damning report on its workplace culture that called on the company to “review and reallocate” Kalanick’s responsibilities. “I need to take some time off of the day-to-day to grieve my mother, whom I buried on Friday, to reflect, to work on myself, and to focus on building out a world-class leadership team,” Kalanick wrote in an email to staff on Tuesday that referenced the death of his mother last month in a boating accident. “If we are going to work on Uber 2.0, I also need to work on Travis 2.0 to become the leader that this company needs and that you deserve.” Kalanick’s leave comes at a time of considerable turmoil for the ride-hail app. On Sunday, the board of directors voted unanimously to adopt the recommendations of a workplace review led by the law firm of the former US attorney general Eric … [Read more...] about Embattled Uber CEO Travis Kalanick takes indefinite leave of absence