FYI: Fred Smith was at his wit’s end. He had already sunk most of his net worth into starting a package delivery company called Federal Express (later FedEx) and General Dynamics, the company that he had obtained funding from previously, had just denied his request for additional funds. It was Friday and Fred knew that a payment of $24,000 was due the following Monday to pay for the week’s jet fuel. There was just one problem — Federal Express only had $5,000 in its bank account.
Regards,
Ted
https://ofdollarsanddata.com/roll-the-dice-4f0f5afb40f4
