Article: 10 iconic companies that were born during a recession


10 iconic companies that were born during a recession

In this timeline, we feature companies that were born during a recession and against all odds became iconic brands

From the Panic of 1837 to the last recession in 2000s, many companies were born when the economy was down in the dumps. While it many seem like the worst time to launch a company, history is replete with examples of how companies got their footing during such crises. According to a new study by the Ewing Marion Kauffman Foundation, more than half of the companies on the 2009 Fortune 500 list were launched during a recession or bear market, along with nearly half of the firms on the 2008 Inc. list of America's fastest-growing companies. We feature some companies born during a bear market and gone on to become iconic brands.

Topics: Infographics, Global Perspective, Culture

Did you find this story helpful?



Do you think India Inc. has been successful in empowering its women workforce?

On News Stands Now

Subscribe now to the All New People Matters in both Print and Digital for 3 years.

How will HR practitioners looking to stay ahead of the curve evolve their performance management strategies in 2019? What performance management trends can we see organizations adopting for a workforce that comprises of a mix of regular employees and gig workers? This issue attempts to decipher the shift and answer questions facing the HR community trying to implement the real-time feedback system.

And Save 59%

Subscribe now