Harold Irving "Irv" Grousbeck
(born 1934) is an
at Stanford Business
and co-owner of the National Basketball
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.
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.
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
(later Media One
) in 1964.
He served as President of from 1964 through 1980 and was chairman
from 1980 through 1985.
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
Previously, he has held various positions
with William and
Flora Hewlett Foundation, Children's Hospital Boston, the Massachusetts Board of Higher Education,
Hospital, the New England Eye Bank and Menlo School and
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.
- The CEO Fast Track: Starting a search fund can be
the first step toward running your own company. BusinessWeek, SUMMER,