TIL the founder of FedEx saved the company by gambling. When FedEx was nearly bankrupt, founder Fred Smith took the last $5,000 and gambled it in Las Vegas, turning it into $27,000, enough to keep the company going for another week.

https://www.businessinsider.in/strategy/the-founder-of-fedex-saved-the-company-from-bankruptcy-with-his-blackjack-winnings/articleshow/3849436…
#til #todayilearned
https://www.reddit.com/r/todayilearned/comments/1gloj7w/til_the_founder_of_fedex_saved_the_company_by/