Harold Irving "Irv" Grousbeck (born 1934) is an
entrepreneur,
professor at
Stanford Business
School and co-owner of the
National Basketball
Association basketball team the
Boston Celtics.
In 2003, Grousbeck together with his son
Wycliffe Grousbeck,
Steve Pagliuca of
Bain Capital, Robert Epstein, David Epstein,
William P. Egan and John Svenson, acquired the
Boston Celtics through their company Boston
Basketball Partners LLC for $360 million.
Career
Irv Grousbeck is one of the directors of
Stanford Business School’s
Center for Entrepreneurial Studies. Grousbeck came on the
faculty at Stanford in 1985 first as a visiting lecturer and in
1986 as a lecturer. In 1996, he was named a consulting professor.
Prior to
Stanford, Grousbeck had been a visiting lecturer at Harvard Business
School
from 1981 through 1985. Grousebeck teaches a
number of topics relating to entrepreneurship and issues faced by
entrepreneurial companies and individuals.
Grousbeck co-founded
Continental
Cablevision (later
Media One) in 1964.
He served as President of from 1964 through 1980 and was chairman
from 1980 through 1985.
Other
Grousbeck is co-author of the textbook
New Business Ventures
and the Entrepreneur.
Grousbeck is credited with originating the concept of a
Search Fund to make
private equity investments in 1984.
Grousbeck serves on the board of a variety of companies and
non-profit organizations including Alta Colleges,
Asurion, Carillon Assisted Living and Pacific
Pulmonary Services.
Previously, he has held various positions
with William and
Flora Hewlett Foundation, Children's Hospital Boston
, the Massachusetts Board of Higher Education,
Newton-Wellesley
Hospital
, the New England Eye Bank and Menlo School and
College.
Education
Grousbeck
received an MBA from Harvard Business School
, and both a Bachelor of Arts (1956) and an Honorary
Doctor of Humane Letters from Amherst College
, in Amherst, Massachusetts
.
See also
References
- The CEO Fast Track: Starting a search fund can be
the first step toward running your own company. BusinessWeek, SUMMER,
2006.