Smith, Frederick W. Hear it!

Smith, Frederick W. Finance Definition
The founder of FedEx, who almost single-handedly created the overnight air-express delivery business. After writing an economics paper as a Yale undergraduate that received a grade of C, in 1973 he decided to start a company called Federal Express, at the age of 28. He started the company with $4 million from an inheritance and $80 million in venture capital funding. Today FedEx is the dominant over-
night air delivery service.

Browse dictionary entries near Smith, Frederick W.

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