Travis Kalanick Is Unloading His Uber Holdings

The transcript discusses Travis Kalanick's significant reduction in Uber stock holdings, which now constitute a smaller portion of his wealth compared to the past. Despite multiple sales, these do not seem to be influenced by Uber's stock performance. Garrett Camp, the other co-founder, has sold fewer shares. Kalanick is investing in cloud kitchens, a cash-intensive business, with substantial personal investment and funding from Saudi Arabia's sovereign wealth fund.

What business is Travis Kalanick involved in, and what is its financial nature?

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What significant funding did Travis Kalanick receive for his cloud kitchens business?

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