Former Uber CEO Travis Kalanick Is Ready to Be a CEO Again

He’ll be heading City Storage Systems.


former Uber CEO Travis Kalanick is ready to be CEO again. He announced on Twitter that his investment fund, 10 100 has invested $150 million into city storage systems. City Story Systems is a holding company with a particular focus on rebuilding rundown real estate assets like parking lots and other retail spaces. In addition to that, Kalanick is joining the company as CEO. The Uber co founder was ousted from his job last June after the company found itself in a series of scandals. Business insider reports that Kalanick recently sold a portion of his stake in Uber to fail equal to about $1.4 billion in cash.