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Top 7 companies born during 2008 recession.

Recession is indeed an unhappy experience. Still, every turbulent situation brings its own advantages. While facing the global recession, let's peek through the curious facts about the 2008 recession and the companies born during the 2008 recession period.

The top 7 companies that started during the 2008 recession proves bad times can breed good outputs as well.

  1. Uber

  2. Pinterest

  3. Instagram

  4. Venmo

  5. Groupon

  6. Whatsapp

  7. Slack.

1. Uber

Uber is a multi-million dollar American company found by Travis Kalanick and Garrett Camp. They were stuck in Paris on a snowy evening, after attending the startup summit, unable to find a taxi. They asked themselves: “What if you could request a ride simply by tapping your phone?”

Uber was found in the year: 2009

Place: San Francisco, California, The United States.

Industry: Transportation

Net worth: 14.147 Billion USD as per 2019

2. Pinterest.

Pinterest is a tech innovation of image sharing over the internet space. The platform has grown from a fun space to an informative, business space. Ben Silbermann, Paul Sciarra, Evan sharp together found this social media giant during the period of recession that started in 2008.

Pinterest was found in year: 2009

Place: San Francisco, California, The United States.

Industry: Social media.

Net worth: 12.4 Billion USD as per 2019

3. Instagram.

Instagram is the social media application that was first launched in ios by Kevin Systrom and Mike Krieger in October 2010. Later Instagram was absorbed by Facebook. Their motto is to connect people around the globe through image and video sharing.

Instagram was found in the year: 2010

Place: San Francisco, California, United States

Industry: Social media

Net worth: 102 Billion USD approximately.

4. Venmo.

Venmo is a mobile payment service currently owned by Paypal, active in the United States. Is was found as a way to transfer cash without high transfer charges by Andrew Kortina and Iqram Magdon Ismail.

Venmo was found in the year: 2009

Place: Philadelphia, Pennsylvania, United States

Industry: Payment software

Net worth: 102 Billion USD in 2020

5. Groupon.

Groupon is an American e-commerce marketplace connecting subscribers with local suppliers thereby giving discounts based on group purchasing. It was found by Eric Lefkofsky, Andre Mason and Brad Keywell.

Groupon was found in the year: 2008

Place: Chicago, Illinois, United States

Industry: e-commerce

Net worth: 2.4 Billion USD

6. Whatsapp.

Whatsapp is the most popular messenger application around the globe. It was originally found by Jan Koum and Brian Acton for the ease of sending messages without privacy issues. Whatsapp is currently a subsidiary of Facebook.

Whatsapp was found in year: 2009

Place: Mountain View, California, United States

Industry: Mobile Software

Net worth: 25 Billion USD

7. Slack

Slack is an American software company that allows easy communication in companies by sharing files, documents, chats and many such proprietary communications in one place. It was found by Stewart Butterfield, Eric Costello, Cal Henderson and Serguei Mourachov.

Slack was found in the year: 2013

Place: Vancouver, Canada

Industry: Software

Net worth: 20 Billion USD.

The last recession in 2008 gave birth to these and many more successful companies. Are you seeing yourself in this recessions billionaire product?