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03-03-2017, 10:01 PM
One lucky high school just made $24 million in Snap's IPO
http://i.amz.mshcdn.com/74WU5F6FYPu1ST0M5Sl_DYO2UP4=/575x323/filters:quality(90)/https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fima ge%2F402837%2F0d3699a8-6370-4865-80cf-402d9ff23022.pnghttp://a.amz.mshcdn.com/assets/feed-tw-e71baf64f2ec58d01cd28f4e9ef6b2ce0370b42fbd965068e9 e7b58be198fb13.jpg (http://twitter.com/share?via=Mashable&text=One+lucky+high+school+just+made+%2424+million +in+Snap%27s+IPO&url=http%3A%2F%2Fmashable.com%2F2017%2F03%2F03%2Fc alifornia-high-school-snap-ipo%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial)http://a.amz.mshcdn.com/assets/feed-fb-8e3bd31e201ea65385a524ef67519d031e6851071807055648 790d6a4ca77139.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2017%2F03 %2F03%2Fcalifornia-high-school-snap-ipo%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial&src=sp)
It wasn't just Evan Spiegel (http://mashable.com/2017/03/02/snap-ipo-evan-spiegel/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial) who got rich in Snap Inc.'s IPO yesterday.*
A California high school has made millions of dollars from the initial public offering of shares in Snap Inc., the company behind Snapchat.
The board of the Saint Francis high school in Mountain View agreed to invest $15,000 in seed money in Snap in 2012, when the company was just getting started.
They had been invited to do so by one of the student's parents, a venture capital investor with Lightspeed Venture Partners, the high school president said in a letter (http://www.sfhs.com/uploaded/08_Support_SF/2016-17/Documents_and_PDFs/Community_Letter_-_Snap.pdf?1488483084566) issued to the school community Thursday.*
"We didn't have real high expectations," the school's former president, Kevin Makley, told CNNTech (http://money.cnn.com/2017/03/02/tech**logy/snapchat-ipo-high-school/index.html). "We collectively decided that this was going to be a ... small investment. So we'll take a shot at it." Read more... (http://mashable.com/2017/03/03/california-high-school-snap-ipo/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Snap Ipo (http://mashable.com/category/snap-ipo/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Snap Inc (http://mashable.com/category/snap-inc/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Snapchat (http://mashable.com/category/snapchat/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Startups (http://mashable.com/startups/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/XcYXz9pm-JU
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It wasn't just Evan Spiegel (http://mashable.com/2017/03/02/snap-ipo-evan-spiegel/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial) who got rich in Snap Inc.'s IPO yesterday.*
A California high school has made millions of dollars from the initial public offering of shares in Snap Inc., the company behind Snapchat.
The board of the Saint Francis high school in Mountain View agreed to invest $15,000 in seed money in Snap in 2012, when the company was just getting started.
They had been invited to do so by one of the student's parents, a venture capital investor with Lightspeed Venture Partners, the high school president said in a letter (http://www.sfhs.com/uploaded/08_Support_SF/2016-17/Documents_and_PDFs/Community_Letter_-_Snap.pdf?1488483084566) issued to the school community Thursday.*
"We didn't have real high expectations," the school's former president, Kevin Makley, told CNNTech (http://money.cnn.com/2017/03/02/tech**logy/snapchat-ipo-high-school/index.html). "We collectively decided that this was going to be a ... small investment. So we'll take a shot at it." Read more... (http://mashable.com/2017/03/03/california-high-school-snap-ipo/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Snap Ipo (http://mashable.com/category/snap-ipo/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Snap Inc (http://mashable.com/category/snap-inc/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Snapchat (http://mashable.com/category/snapchat/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Startups (http://mashable.com/startups/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/XcYXz9pm-JU