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Travis Kalanick sees benefits of being in stealth mode for 8 years. ‘You build a culture of people that want to build and do not need to be famous’
Yahoo Finance· 2026-03-14 18:19
Core Insights - Travis Kalanick, cofounder of Uber, has launched a robotics company named Atoms, focusing on the food, mining, and transport industries after eight years in stealth mode [1] - The company originated from Kalanick's real estate venture, City Storage Systems, which operates the ghost-kitchen business CloudKitchens [1] Company Strategy - Kalanick aims to revolutionize meal delivery by making it as cost-effective as grocery shopping, similar to how Uber transformed transportation [2] - The company is on the verge of acquiring Pronto, a self-driving startup for industrial and mining applications, which has connections to Uber [2] Background and Challenges - Kalanick was removed as CEO of Uber in 2017 due to a shareholder revolt linked to allegations of ignoring sexual harassment reports [3] - He faced significant public scrutiny while leading Uber, which influenced his decision to operate Atoms under the radar [3] Stealth Mode Advantages - Operating in stealth mode allowed Kalanick to attract top talent and create a unique company culture focused on building rather than fame [4][5] - The nondescript name, City Storage Systems, initially caused confusion about the company's purpose but ultimately contributed to a focused recruitment strategy [4]
X @OKX
OKX· 2025-09-14 06:33
Stack big 🐋Stay hidden 🥷Activate stone-cold stealth mode with Iceberg Bot. https://t.co/ci2Jx1MLEd ...