There’s big money in the home delivery business

As the legend goes, Fred Smith dreamed up the blueprint for FedEx in a Yale management class. He allegedly earned a “C” because the idea was too far-fetched. Years later, when his fledgling company was struggling, Smith took his last $5,000 and headed to Las Vegas for the weekend, winning $27,000 at the black jack table — which went toward FedEx’s planes flying on Monday. It worked out. But he still took a poke at his roots: Look closely at the packages displayed in the company’s first print advertisements and you’ll see that the return address is his alma mater in New Haven.

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