Meet Bike Sharing's Mystery Money Man Jonathan Schulhof
Jonathan Schulhof is little known outside the financial world but is set to become a leading player in the emerging business of bike sharing.
From Boston to San Francisco, Seattle to Washington, DC and beyond, if you are one of the hundreds of thousands of present or future users of a public bike-share program, this man is going to have a big say in what that experience is going to be like.
Schulhof is a founder and managing partner of REQX Ventures, the investment vehicle whose unit Bikeshare Holdings has just taken over Alta Bicycle Share which operates many of the public bike-share programs in America’s largest cities. REQX calls itself a "hands-on investor in businesses that enhance urban life and health and wellness."
Here are eight things you may not know about him:
1. He is a 40-year old Stanford trained M&A lawyer whose career has mostly recently been spent as a partner at private-equity firms and on the boards of the companies they invest in.
2. He is a self-described “avid” cyclist. He reportedly bikes to work from his apartment on New York City’s Upper East Side as well as regularly riding at weekends.
3. He rode in this year’s TD Five Boro Bike Tour of New York City on a Citi Bike.
4. Earlier this year bid unsuccessfully to buy Blix, the Canadian company that supplied the bikes and docking stations to many of North America’s public bike-share programs, out of bankruptcy, saying it was his ambition to “proliferate bike-sharing around the world,“ according to the Montreal Gazette.
5. As a former managing partner of GTI Holdings he led investments in several U.S. and Indian companies including Air Works, Nova Medical Centers, Glori Energy, Samhi Hotels, Brattle Foods and WebEngage
6. He studied government and French literature as an undergraduate at Dartmouth College after attending Riverdale Country School, a private school on the northwestern fringes of New York City.
7. He speaks French and Italian, and is an FAA licensed pilot, according to his Linked-In profile.
8. He is married to Kimberly Kravis, daughter of Henry R Kravis, the eponymous co-chariman of private-equity giant KKR, according to a 2003 wedding notice in the New York Times.