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The other perspective is that a good number of very successful companies were founded in a recession / downturn:

http://www.kauffman.org/newsroom/the-economic-future-just-ha...

http://blogs.hbr.org/silverman/2008/08/why-downturns-breed-b...

http://www.resourcenation.com/blog/famous-companies-that-wer...

There are a lot of lists like this.



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