Boston Celtics Owner

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Wycliffe Grousbeck: The Man Behind the Boston Celtics

Who is Wycliffe Grousbeck?

Wycliffe Grousbeck is an American entrepreneur and philanthropist. He is the majority owner and Governor of the Boston Celtics of the National Basketball Association (NBA). Grousbeck is also a co-founder and managing partner of the venture capital firm Highland Capital Partners.

Background and Education

Grousbeck was born in Los Angeles, California, on June 13, 1961. He earned a Bachelor of Arts degree in economics and government from Columbia University and an MBA from Harvard Business School.

Business Career

Grousbeck began his career as an investment banker at Morgan Stanley. In 1988, he co-founded Highland Capital Partners, a venture capital firm that has invested in over 400 companies. Some of Highland's notable investments include Akamai Technologies, Demandware, and Moderna.

Role with the Boston Celtics

In 2003, Grousbeck led a group of investors that purchased the Boston Celtics from previous owner Paul Gaston. Grousbeck has served as the team's Governor and majority owner since then. Under his leadership, the Celtics have won two NBA championships (2008 and 2010). Grousbeck is known for his passionate support of the Celtics and his commitment to winning. He has been involved in many of the team's key decisions, including the hiring of coaches and players.

Philanthropy and Community Involvement

Grousbeck is also an active philanthropist. He is the founder of the Wycliffe and Leslie Grousbeck Family Foundation, which supports organizations working in the areas of education, healthcare, and the arts. Grousbeck has also served as a board member of several non-profit organizations, including the Boston Public Library and the Dana-Farber Cancer Institute.

Conclusion

Wycliffe Grousbeck is a successful entrepreneur and businessman who has made a significant impact on both the world of venture capital and the Boston Celtics. His leadership and commitment have helped the Celtics become one of the most successful teams in the NBA.

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