Bill Hewlett and Dave Packard tossed a coin to see whose name would go first in Hewlett-Packard
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Bill Hewlett [9] and Dave Packard graduated with degrees in electrical engineering from Stanford University in 1935. The company originated in a garage in nearby Palo Alto during a fellowship they had with a past professor, Frederick Terman at Stanford during the Great Depression. Terman was considered a mentor to them in forming Hewlett-Packard.[10] In 1939, Packard and Hewlett established Hewlett-Packard (HP) in Packard's garage with an initial capital investment of US$538.[11] Hewlett and Packard tossed a coin to decide whether the company they founded would be called Hewlett-Packard or Packard-Hewlett.[12] HP incorporated on August 18, 1947, and went public on November 6, 1957.
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