It's not as splashy as disrupting the global transportation industry, but Travis Kalanick is once again a chief executive.
The controversial entrepreneur, who was ousted as CEO of Uber in June, tweeted Tuesday that he will head City Storage Systems, a holding company that redevelops distressed real estate, particularly parking, retail and industrial property.
"There are over $10 trillion in these real estate assets that will need to be repurposed for the digital era in the coming years," he said.
One of City Storage System's existing assets includes CloudKitchens, which provides kitchens and software to delivery-only food businesses.
Aside from what Kalanick shared, there's little public information about City Management Systems. (A shelving company in Mumbai with the same name far outranks it on Google.)
In his message, Kalanick described it as a 15-person start-up.
Recode reported that the limited liability corporation is based in Los Angeles.
The tech news site the Information reported that City Storage System was owned by one of Kalanick's closest friends, investor and USC professor Diego Berdakin.
Kalanick and Berdakin could not be immediately reached for comment.
