According to a financial filing submitted to the US Securities and Exchange Commission (SEC), Kalanick cashed in $547 million when the 180-day lockup period expired last week on the IPO.It is unclear why Kalanick chose to sell his shares, but when someone cashes in half a billion dollars in stock in one of the world’s darling new IPOs, everyone pays close attention.

The speculation is rife, including that Kalanick may be planning to use the money to fund his new venture, CloudKitchens. And that very speculation should serve as a nice PR boost for the startup.

CloudKitches is a global network of commercial kitchens offering extra capacity and expanded reach for delivery-only restaurants. CloudKitchens buys and leases real estate and develops software to help restaurants manage their back-office systems and integrate with food-delivery platforms.

On its website, the company promises local restaurant owners the ability to begin delivering meals without investing in the overhead of owning and operating a “real” walk-in dining business. It also says that owners can count on lower real estate and upfront costs, as well as “more efficient labor.”

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