Word: bostoner
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...Utilities face a different challenge. While there is ample generating power to feed electricity to EVs, particularly if the owners recharge them at off hours, the real question is distribution, particularly in older cities like Boston. Transformers usually serve five or six houses, so one household would probably be able to have an electric vehicle. But if two wanted to use the same transformer, there could be a problem, says Phil Gott, director of Automotive Science and Technology at IHS Global Insight...
Wycliffe Grousbeck, managing partner, governor, and CEO of the Boston Celtics basketball team, yesterday presented Harvard Business School students with a four-point plan for success modeled off the negotiation strategies he used to acquire the Boston Celtics...
Grousbeck, who formed and led the investment group that bought the Boston Celtics, recommended setting a goal and aiming high, assessing what resources are needed, collaborating with the appropriate individuals, and remaining steadfast to reach the ultimate objective...
Grousbeck said he was motivated to buy the Celtics when he watched the sale of the Boston Red Sox baseball team to New England Sports Ventures. At the time, the basketball team was on sale for $360 million—then the most expensive team in the history of the NBA. It made $23 million per year...
Grousbeck told the audience that he immediately decided to raise and borrow money to offset the costs of purchasing the Boston Celtics by forming and leading an investment group...