The 10100 Fund (pronounced ten one hundred) is a non-profit investment fund founded by Travis Kalanick, Uber's co-founder and former CEO. The fund focuses on real estate, e-commerce, and emerging tech companies in China and India, with the goal of creating jobs. The typical investment for the fund is in startups valued at over $1 billion, with deals usually in the range of over $100 million. The fund has no exact preference for the number of founders in portfolio startups, but the probability of a startup with 5 or more founders receiving an investment is low.
Characteristics | Values |
---|---|
Type of Fund | Non-profit investment fund |
Focus | Real estate, e-commerce, emerging tech companies, education, future of cities |
Geographical Focus | China and India |
Founder | Travis Kalanick |
Number of Investments | 6 |
Number of Portfolio Exits | 3 |
Number of Acquisitions | 1 |
Number of Team Members | 1 |
Average Round Size | $122M |
Peak Activity Year | 2019 |
What You'll Learn
- The 10100 fund focuses on real estate, e-commerce, and emerging tech
- The fund was created by Travis Kalanick, Uber's co-founder and former CEO
- It has a presence in Los Angeles, California, United States
- The fund has a preference for startups that are 2-3 years old
- It has made six investments, with its latest in Habitas in 2020
The 10100 fund focuses on real estate, e-commerce, and emerging tech
The 10100 Fund is an investment fund created by Uber's co-founder and former CEO, Travis Kalanick. The fund focuses on real estate, e-commerce, and emerging tech companies in China and India.
Real estate is a popular investment choice due to its potential for steady income and long-term capital appreciation. The 10100 Fund likely invests in a variety of real estate assets, including residential, commercial, and industrial properties. By investing in real estate, the fund can provide its investors with stable returns and a hedge against inflation.
E-commerce has revolutionized the way people shop, and the 10100 Fund recognizes the potential of this industry in China and India. The fund likely invests in online marketplaces, e-commerce platforms, and digital payment systems. By focusing on e-commerce, the fund can tap into the growing online retail market and benefit from the increasing digital connectivity in these countries.
Emerging technologies encompass a wide range of innovative fields, such as artificial intelligence, blockchain, and the Internet of Things (IoT). The 10100 Fund targets companies at the forefront of these technologies, particularly in China and India, which are known for their rapidly growing tech sectors. By investing in emerging tech, the fund positions itself for high growth potential and can contribute to the development of disruptive innovations.
In addition to its focus on real estate, e-commerce, and emerging tech, the 10100 Fund also supports non-profit work, particularly in the field of education. This reflects a broader trend of impact investing, where funds aim to generate not just financial returns but also positive societal impact. By combining financial returns with social responsibility, the 10100 Fund offers a compelling opportunity for investors seeking both profit and purpose.
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The fund was created by Travis Kalanick, Uber's co-founder and former CEO
The 10100 Fund (pronounced ten one hundred) is a non-profit investment fund created by Travis Kalanick, the co-founder and former CEO of Uber. The fund was founded in 2018 and is based in Los Angeles, California.
Kalanick's new venture focuses on real estate, e-commerce, and emerging tech companies in China and India. The fund also supports non-profit work, with a focus on education. In a tweet announcing the fund, Kalanick stated that it would focus on "large-scale job creation."
Kalanick's decision to launch this fund came after a rocky year for Uber in 2017, which saw the company rocked by sexual harassment allegations, lawsuits over intellectual property theft, and Justice Department investigations. Despite this, Kalanick emerged from the year undeterred and appeared ready to return to his roots of building startups.
The 10100 Fund has made several investments, including in Luminous Computing, Kargo Technologies, and Opendoor, and Habitas. It has also acquired CloudKitchens. The fund's general contact email is [email protected].
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It has a presence in Los Angeles, California, United States
The 10100 Fund (pronounced ten one hundred) is a non-profit investment fund founded by Travis Kalanick, Uber's co-founder and former CEO. The fund is based in Los Angeles, California, United States, and operates as a family office.
The 10100 Fund focuses on real estate, e-commerce, and emerging tech companies in China and India. The fund also supports non-profit work, with a focus on education.
The fund has a presence in Los Angeles, California, with its headquarters in the Greater Los Angeles Area, on the West Coast of the United States. This location is strategic for the fund's operations and provides a base for its investment activities.
Los Angeles is a thriving hub for innovation and technology, with a vibrant startup ecosystem. The city is home to many leading companies in the real estate, e-commerce, and tech industries, which are the key areas of focus for the 10100 Fund. By being based in Los Angeles, the fund gains proximity to potential investment opportunities and partners in these sectors.
Additionally, Los Angeles offers a talented and diverse pool of professionals, including entrepreneurs, engineers, and investors. This talent pool can be a valuable resource for the fund and its portfolio companies. The city's diverse and innovative culture fosters an environment conducive to business growth and development.
The presence in Los Angeles also provides the 10100 Fund with access to potential networking opportunities, industry events, and local incubators or accelerators. These connections can facilitate introductions to potential investees, partners, or mentors within the fund's target sectors.
Overall, the 10100 Fund's presence in Los Angeles, California, positions it in a dynamic and innovative business environment, enabling strategic investments and networking opportunities to support its investment goals and create a positive impact in its focus areas.
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The fund has a preference for startups that are 2-3 years old
The 10100 Fund, pronounced "ten one hundred", is a non-profit investment fund created by Uber's co-founder and former CEO, Travis Kalanick. The fund focuses on real estate, e-commerce, and emerging tech companies in China and India.
The 10100 Fund has a preference for investing in startups that are 2-3 years old. This is an important criterion for the fund when considering investment opportunities. While the fund does not have an exact preference for the number of founders in portfolio startups, the probability of a startup with 5 or more founders receiving investment is low.
The typical case for the fund is to invest in rounds with 6 participants. Startups are often financed by Khosla Ventures, GGV Capital, and Caffeinated Capital, in addition to the 10100 Fund. The fund is usually included in 2-6 investment rounds annually, with its peak activity year being 2019. The typical startup value when receiving investment from the 10100 Fund is more than $1 billion, and the fund usually deals in amounts greater than $100 million.
Some of the fund's most popular portfolio startup investments include OpenDoor Labs and City Storage Systems. The fund's current focus industries include logistics and commercial real estate.
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It has made six investments, with its latest in Habitas in 2020
The 10100 Fund was launched by Uber co-founder and former CEO Travis Kalanick in 2018. The fund focuses on real estate, e-commerce, and emerging tech companies in China and India. It also supports non-profit work, particularly in education.
The 10100 Fund has made six investments so far, with its latest in Habitas in 2020. The fund has a particular interest in startups with between 10 and 100 employees, a crucial growth stage for young companies.
- Luminous Computing: Raised $9,000,000 in seed funding from 10100 and 12 other investors.
- Kargo Technologies: Raised $7,600,000 in seed funding from 10100 and 7 other investors.
- Opendoor: Raised $325,000,000 in Series E funding from 10100 and 15 other investors.
- Unnamed company: In March 2018, shortly after the fund's launch, TechCrunch reported that Kalanick was close to selling one-third of his ownership position in Uber, which would be worth about $1.4 billion. It is not clear if this transaction was completed, but if it was, it would be the fund's largest investment.
- Habitas: Details of this investment are not available, but it was the fund's sixth investment and most recent as of 2020.
- Other investments: The Crunchbase profile also lists three other companies under the "Lists Featuring This Company" section, indicating that the 10100 Fund has likely made additional investments. These companies are Closed United States Companies, Closed Venture Capital Companies, and Akamai Technologies Alumni Founded Companies. However, it is not explicitly stated that the 10100 Fund invested directly in these companies.
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Frequently asked questions
The 10100 Fund (pronounced ten one hundred) is a non-profit investment fund founded by Travis Kalanick, the former CEO and co-founder of Uber. The fund focuses on creating jobs in India and China, particularly in real estate, e-commerce, emerging technologies, and education.
The 10100 Fund typically invests in startups that have between 2-6 founders and are 2-3 years old. The fund has no preference for the number of founders but leans towards companies with fewer than 5 founders. The average deal size for the fund is $122 million, and it usually participates in 2-6 investment rounds per year.
The fund's primary sectors of interest are real estate, e-commerce, and emerging technologies. Within these sectors, they focus on companies that contribute to large-scale job creation and the future of cities.
The 10100 Fund typically invests in startups valued at over $1 billion. They look for companies at the magic growth stage, usually between 10 and 100 employees.
The 10100 Fund is based in Los Angeles, California, and you can reach out to them via email at [email protected].