Fedex Facts

1 fact tagged with fedex

Related Tags

Ceo(1)Blackjack(1)Startups(1)Las Vegas(1)Gambling(1)1970s(1)Fred Smith(1)Corporate Finance(1)

Corporate Brazen

FedEx was ,000 from collapse. Its founder took the cash to a Vegas blackjack table.

In 1974, FedEx had $5,000 left in the bank and a $24,000 fuel bill due Monday. Founder Fred Smith took the cash to Las Vegas, played blackjack, and walked out w…

Read →

You've seen all the facts!