5min chapter

Founders cover image

#87 Thomas Watson (IBM)

Founders

CHAPTER

Watson's Research Center in the Late 90s

In 1935 the depression is so bad that the u.s congress passes the social security act and overnight the demand for accounting and data processing machines exploded. ibm slingshot revenue jump from 19 million in in 1934 going up to 25 million in uh 30 1936 and then it would go all the way up to 31 million in 1937 It would climb unabated for the next 45 years this is where ibm comes the ibYou do not have to be a perfect person to build a great business, writes amferus amorphous.

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