14 Businesses That Started in a Recession; and Why A Recession Is Good Time To Start Business
Including FedEx, Microsoft, CNN, Wikipedia, HP, etc. Pre-existing companies can also make incredible gains in years where the economy is down, like Google, PayPal and Salesforce.com Inc.
From 2000 to 2001 each of these companies thrived, leading PayPal to go public in 2002, followed by Google and Salesforce.com in 2004.
Five reasons why a recession is actually a great time to nurture and incubate a small company.