It was during the 1937–1938 recession (one of the worst recessions of the 20th Century, with GDP decline reaching nearly 19%) that William Hewlett and David Packard, recent Standform graduates, decided to formulate a plan for their new electronics company, Hewlett-Packard.
Still feeling the sting of the recession, the duo incorporated their business on January 1, 1939, and would go on to build one of the worldwide powerhouses in computers.
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"There's no money in poetry, but then there's no poetry in money, either." ~ Robert Graves
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