Um, I think that was his point. :p

geez lillian, it's another Brown- Purple / Purple-Brown pilot food fight<g>. I remind my fellow aviators of both stripes. We are night drivers, do the same thing, have the same roots and both figured out that Purple and Brown was as stable a job an airplane driver could find. After that, 99% of us would have gone to either. Management uses us as tools in the food fight. They despise all of us equally. BTW, It is all our fault in the first place <g>. Lets be pilots and go hang out on the side and watch the fireworks, I'll bring the beer. Cheers.

I can't think of many people who have been more successful than Fred. He has single-handedly steered a startup company to become one of the largest most successful in the world, to the point where the name of the company has become a verb.

I do not think Fred is prone to whining, I do think he is prone to getting results. FWIW, if I had been individually responsible for creating such an organization and employing (and enriching) so many people - I would have a much bigger ego than Fred does.

How much money did little Fred's daddy leave him to startup his company again? Over $100 million?

Singlehandedly huh? I bet the $100 mil had something to do with it. :D

I know the rumors - could you turn even $100 mil into an equivalent of FedEx? While you may or may not like how he does business, he still isn't a whiner.

For the record - the most common story is $4 million inheritance and $91 raised from venture capitalists.

UPS is much larger and makes more profit, at higher margin, than FedEx. UPS is not behind the 8 ball at all. This is just power politics at work. If there isn't a need to change a law the best course is not to mess with it.

Why does UPS need a bailout with this legislation?


If you can't answer then they don't.

The young entrepreneur (Fred Smith) raised $80 million to launch Federal Express, informally known as FedEx. The delivery service began modestly with small packages and documents. On the first night of operations, a fleet of 14 jets took off with 186 packages. In the first two years, the venture lost $27 million. In a short time, the company was on the verge of bankruptcy. It appeared that Smith had lost all of his investors' money, including the capital of his own brothers and sisters. But Smith succeeded in renegotiating his bank loans and was able to keep the company afloat.




Google is wonderful thing...

Don't use facts with stalkers. It only confuses them and makes them make even more outrageous claims. Some of these guys really go overboard when attacking Fred. Makes me wonder if they busted the testing, interview or sim check poriton when turned down for a job here. Either way a good therapist could help them move on with their lives..

Wow, sorry to ruffle your feathers. I didn't realize that I was talking to the president of the Frederick W. Smith Fan Club. <g>

I take back everything I said. Fred is so awesome. His business instincts are unmatched. He is like a tiger.

He never used his daddy's money (almost $100 million in TODAYS DOLLARS) and borrowed the rest from his rich uncles. He did it all singlehandedly.

He is so amazing that women fall to his feet (and some men too it seems <g>) hoping to be ravaged by him.

He is all knowing - even more amazing than Michael Jackson.

We all shall fear him. <vbseg>


ps. Relax guys. I'm not insulting you or any FedEx pilots. In fact, I think that you all accomplished more than he ever would have without his daddy's money.

Plus, he is a whiner! Waa Waa.

Now you're talking.

He's so tough, the boogie man checks under his bed for Fred Smith!