American workers took a hard hit after the 2008 recession, but a wave of new startups emerged from the financial downturn. Some of the more well-known companies include Square, Stripe, CreditKarma, NerdWallet, Uber, Airbnb, WhatsApp and Instagram.
Lin said there is "never a perfect time to start a company," and it's important to "allocate resources" from the outset.
https://www.foxbusiness.com/markets/startups-great-recession