News

High school makes $24 million from Snap IPO

March 3, 2017/

A California high school has made millions of dollars from the initial public offering of shares in Snap Inc., the company behind the Snapchat photo messaging application.

The board of the Saint Francis high school http://www.sfhs.com/ in Mountain View agreed to invest $15,000 in seed money in Snap in 2012, when the company was just getting started.

Full Story: http://www.sfgate.com/business/technology/article/California-high-school-makes-24-million-from-10974091.php

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