We have generally seen coin toss at the
start of sports games But deciding the name of company through a coin flip?
Yess!! That is how HP got its name . Founders “ Bill Hewlett and Dave Packard”
tossed a coin to decide whether the company would be called Hewlett – Packard
or Packard Hewlett. And we all know who won the toss!!
These two computer graduates founded the
company in 1939 with a capital of $538 and the company predates the computer
age. HP was literally started in a Palo Alto garage, setting the template for
Silicon Valley start-ups. This garage is now officially deemed a state
historical landmark .HP is also recognized as the symbolic founder of Silicon Valley .
HP's first product was a
resistance-capacitance audio oscillator used for testing with Walt Disney as an
early customer which used hp oscillators to make the ground breaking film
“Fantasia”
The company has been growing ever since.
In 2015 Forbes list ranked Hewlett Packard #35 on World’s Most Valuable Brands. Margret
Whitman is the current CEO of HP with
nearly 300000 employees and $109.76 B in annual revenue as of 2015.
So, having difficulty in deciding name
for your new venture or a project, How about tossing a coin?
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