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Travis Kalanick

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Travis Kalanick
NameTravis Kalanick
CaptionKalanick in 2014
Birth date6 August 1976
Birth placeLos Angeles, California, U.S.
Alma materUniversity of California, Los Angeles
OccupationEntrepreneur
Known forCo-founding Uber

Travis Kalanick is an American entrepreneur best known as the co-founder and former chief executive officer of the global ride-hailing company Uber. Under his leadership, Uber grew from a startup in San Francisco into a worldwide transportation and logistics behemoth, fundamentally disrupting the taxicab industry. His aggressive, growth-at-all-costs management style fueled the company's rapid expansion but also led to significant controversies, culminating in his resignation from Uber in 2017. Kalanick has since focused on new investment and entrepreneurial ventures through his fund, 10100.

Early life and education

Travis Cordell Kalanick was born and raised in the San Fernando Valley region of Los Angeles. His mother, Bonnie, worked in retail advertising for the Los Angeles Daily News, and his father, Donald, was a civil engineer. Kalanick attended Granada Hills Charter High School and showed an early aptitude for business, selling knives door-to-door as a teenager. He enrolled at the University of California, Los Angeles (UCLA) in 1998 to study computer engineering. While at UCLA, he became a member of the Beta Theta Pi fraternity but dropped out in his final year to pursue his first entrepreneurial venture.

Career before Uber

In 1998, Kalanick and several UCLA classmates, including Michael Todd and Vince Busam, dropped out to found Scour, a peer-to-peer file-sharing service and search engine. The company faced a massive lawsuit from the Motion Picture Association of America and several major Hollywood studios, including Metro-Goldwyn-Mayer and Warner Bros., for copyright infringement, leading to its bankruptcy in 2000. Undeterred, Kalanick co-founded his next venture, Red Swoosh, a file-sharing technology company, in 2001. After years of struggle, he sold Red Swoosh to Akamai Technologies in 2007 for approximately $19 million, providing him with the capital and experience for his next major project.

Uber

In 2009, Kalanick partnered with Garrett Camp to found UberCab, later renamed Uber, after a difficult experience hailing a taxicab in Paris. As CEO, Kalanick oversaw Uber's explosive global growth, launching services in hundreds of cities across six continents and battling entrenched taxicab industries and regulators worldwide. The company's valuation soared, making it one of the most valuable startup companies in history. Key strategies under Kalanick included aggressive driver recruitment, dynamic surge pricing, and the development of services like UberEATS. However, his tenure was also marked by numerous clashes with city governments, such as those in London and Austin, and allegations of fostering a toxic corporate culture.

Post-Uber ventures

Following his departure from Uber, Kalanick launched a venture fund called 10100 (pronounced "ten-one-hundred"), focused on large-scale investments in real estate, e-commerce, and innovation in China and India. His most notable post-Uber investment has been in CloudKitchens, a company that acquires and operates real estate for ghost kitchens used by food delivery services. Through his holding company, City Storage Systems, Kalanick has acquired properties in cities like Los Angeles, London, and Beijing, aiming to disrupt the restaurant industry much as Uber did transportation.

Kalanick's leadership at Uber was fraught with high-profile controversies. The company faced lawsuits over its classification of drivers as independent contractors, investigations by the Equal Employment Opportunity Commission, and allegations of sexual harassment within its workplace, which prompted an internal investigation led by former U.S. Attorney General Eric Holder. Kalanick personally faced criticism for his involvement with an executive visit to a karaoke-escort bar in Seoul and for a viral video in which he argued with an Uber driver over fares. These issues, combined with pressure from major investors like Benchmark and Fidelity Investments, ultimately led the Uber board of directors to seek his resignation in June 2017.

Personal life

Kalanick is known for his intense work ethic and competitive nature, shaped by his early experiences in the dot-com bubble. He has resided in San Francisco and Los Angeles and is a noted fitness enthusiast. His philanthropic efforts include a $5 million donation to create a fund for Uber drivers facing hardships, established after pressure from the #DeleteUber campaign. Kalanick maintains a relatively low public profile since leaving Uber, focusing on his investments and entrepreneurial projects through 10100 and CloudKitchens. Category:American technology company founders Category:American chief executives Category:1976 births Category:Living people