Uber founder and former CEO Travis Kalanick has taken the reins of a Los Angeles-based real estate startup, following a $150 million investment through his new fund, 10100. The small firm, called City Storage Systems, is focused on the redevelopment of distressed real estate assets. That primarily includes parking, retail, and industrial properties that “will need to be repurposed for the digital era,” Kalanick wrote on his Twitter account, announcing his fund’s purchase of a […]
source https://therealdeal.com/la/2018/03/21/uber-founder-travis-kalanick-is-now-ceo-of-a-real-estate-company/#new_tab
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