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Teams of APMs were each given $50 to buy the weirdest gadgets they could find.
Steven Levy • In The Plex: How Google Thinks, Works, and Shapes Our Lives

Phil Piwonka
@pdp
Silicon Valley history · Patrick Collison
patrickcollison.comThe idea was that, once they had done two or three projects for customers, they could take on an apprentice and mentor that person. We had younger people, and we had more women than other firms. We had Eve Anderson and Tracy Adams—two of the most senior people at the company were female, which was kind of unusual. We never wanted to have more than
... See moreJessica Livingston • Founders at Work: Stories of Startups' Early Days
Bill and I had decided we were going to reinvest our profits and not resort to long-term borrowing. I felt very strongly about this issue, and we found we were clearly able to finance 100 percent growth per year by reinvesting our profits. After some discussion with the members of the board, they seemed to be impressed with what we were doing but s
... See moreDavid Packard • The HP Way: How Bill Hewlett and I Built Our Company (Collins Business Essentials)

At the end of 1939, our first full year in business, our sales totaled $5,369 and we had made $1,563 in profits. We would show a profit every year thereafter.