In 1965 a student at Yale wrote a paper on the idea of package delivery by air, enabling the company to make deliveries overnight. Such an idea had never been thought of before and 6 years later that student would invest his personal fortune into seeing it to reality.
Frederick Smith raised an additional 90 million dollars to make his dream into a working company, he called the company Federal Express. Unfortunately by 1973, the company was loosing over 1 million dollars per month and rising fuel costs may the future of Federal Express seem bleak at best. One Friday there was less than $5,000 in the operating account for the company, the executives at Fed Ex knew that Monday would come and there would be no chance of meeting the more than $32,000 in fuel and other expenses.
Ever an optimist and determined to make his dream work at any costs, Smith took a flight to Las Vegas and "invested" the final $5,000 of the companies money into blackjack. By Monday morning other executives were surprise to not only see the doors open, but the bank account had over $32,000 in it and they could meet their obligations.
Fed Ex was able to raise additional capital in the coming weeks and by 1976 the company would see it's first profit of 3.6 Million. By 1980, the company's profits were surpassing the 40 million dollar peryear mark and today the company is worth Billions.
While I am not sure I think Blackjack is a good investment strategy, what would the world be today if Frederick Smith has just given up.