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Companies Started During Recession
Wikipedia
Wikipedia Foundation was founded in 2001 by Jimmy Wales and Larry Sanger, after the recession triggered in the early 2000s after the 9/11 incident. The name Wikipedia was formed after joining the words ‘wiki’ which means ‘a technology for creating collaborative websites’ and ‘encyclopedia’. Wikipedia, created to complement an online encyclopedia project Nupedia, has now become a global project which caters to multiple languages and inspires a wide range of reference projects. Wikipedia now has over 20 million free articles in over 282 languages, and has over 31 million registered users and has a viewership of over 14.5 percent of all internet users; while its parent company Wikimedia Foundation has reported operating revenue of $0.2 million.
