People / Stories

How the crisis made graduates become entrepreneurs

Necessity is the mother of invention, so the proverb goes. Sam Atiko-MacQueen found that out when he was caught up in the biggest corporate collapse of the 2008 financial crisis.

When Atiko-MacQueen graduated from University College London in 2008, he had high hopes of a rewarding career in the city. Things didn’t quite go to plan.

“I started as a grad at Lehman Brothers, and within about four months me and about 120 other graduates found ourselves without a job,” he told

“They were the biggest bankruptcy in the history of corporate America. It was very much an overnight ordeal for us, and we found out the next day that we didn’t have jobs. As students, we didn’t have any money either.”

Atiko-MacQueen found himself in a position that many young graduates will be familiar with. A good degree from a top university, plenty to offer, buckets of enthusiasm, but no job.

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Courtesy : Hilla Daruwalla


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