I haven't had much time to write lately, but today while reading a case about Federal Express for my marketing class, I came upon a great quote. Fedex was, as of the writing of this HBS case in 1983, the largest venture capital start-up in U.S. history with $90 Million in financing. The founder of FedEx, Frederick W. Smith Jr., said about the early financial difficulties of the company:
"The biggest asset we had going for us was our naivete. God takes care of fools, you know."
So that's my little tidbit of interest for this week.
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