In a short item on charter schools for Fast Company, Mike Feinberg, co-founder of the KIPP chain of charter schools, talks about what he calls “the FedEx effect”:
But it also creates the FedEx effect: Where FedEx’s success forced the U.S. Postal Service to offer overnight delivery, something it thought couldn’t be done
Just one little problem- the USPS invented Express Mail in 1970, three years before FedEx introduced its own overnight service. Maybe Mike didn’t like the sound of “the postal effect”?