If you happen to like our videos and have a few bucks to spare to support our effor→→Subscribe for new videos every day! https://www.youtube.com/user/TodayIFoundOut?sub_confirmation=1 Never run out of things to say at the water cooler with TodayIFoundOut! Brand new videos 7 days a week! More from TodayIFoundOut: Is Eating Your Boogers Good for You? https://youtu.be/3cXNqUPNw9w In this video: The date was August 28, 1907 and the two kids were 18 year old Claude Ryan and 19 year old Jim Casey. The two had one bike between them and $100 (about $2400 today) borrowed from a friend to found the “American Messenger Company” in Seattle, Washington. The company was initially run in a hotel basement at Second Avenue and Main Street in Seattle. Want the text version?: http://www.todayifoundout.com/index.php/2010/06/ups-was-founded-by-two-teenagers-with-one-bicycle-and-100-borrowed-from-a-friend/ Sources: http://en.wikipedia.org/wiki/United_Parcel_Service http://www.pressroom.ups.com/Fact+Sheets/UPS+Fact+Sheet http://en.wikipedia.org/wiki/James_E._Casey http://www.ups.com/content/corp/about/history/1929.html http://ecommerce.hostip.info/pages/1025/United-Parcel-Service-Inc-UPS-EARLY-HISTORY.html http://seattletimes.nwsource.com/html/businesstechnology/2003842893_ups19.html