20 successful companies founded during recessions

Some of the biggest companies in the world were launched during times of hardship

Stars Insider

11/02/21 | StarsInsider

LIFESTYLE Business

The coronavirus pandemic is sure to result in a significant economic recession. This has many business owners and entrepreneurs feeling hopeless, but there is light at the end of the tunnel! Throughout history some of the most successful companies in the world were founded under worse circumstances. These businesses managed to navigate their way through various crises and become giants of their industries. From IBM to Airbnb, all sorts of business models have thrived in the face of adversity. Click on to see the inspiring stories of their foundations.

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