This is not the first time that business has been faced with overwhelming challenges. American workers took a hard hit after the 2008 recession, but a wave of new startups emerged from the financial downturn.
WhatsApp, 2009
WhatsApp, the highly popular encrypted messaging app, was created in 2009 by Yahoo veterans Jan Koum and Brian Acton as a way for people around the world to message each other quickly.
Instagram, 2010
Did you know that Instagram was created by Engineers Kevin Systrom and Mike Krieger in 2010 as a visuals-focused form of social media that is centered around images and videos.
Uber, 2009
After the businessmen Travis Kalanick and Garrett Camp couldn’t find a taxi ride on a cold night in Paris, they founded the rideshare giant Uber in 2009. It has since expanded internationally across various platforms, including food delivery service, bike and scooter share service and temporary work staffing service.
Watch out for more instances of such success stories in next week’s post. Cheers!
