Companies that were Born during Downturns

Almost everybody thinks that putting up a business during downturn is a bad time to do some business. However, if all of us would think this way, nothing will really happen. Take into consideration the risky decisions these businesspersons had made during market downturns.
With P&G or Procter and Gamble, which has been founded during the panic of 1837, candle maker William Procter and soap maker, James...