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Once Snap, the parent of Snapchat, goes public, the high school is likely to earn "tens of millions of dollars" in return, according to a report by The Information. Snap was initially priced at ...
A $15,000 investment by Saint Francis High School five years ago turned into $34 million this past March when Snapchat parent Snap Inc.SNAP-1.17 % decrease; red down pointing triangle went public ...
It also made Mountain View’s Saint Francis high school $23 million richer. The Catholic school had invested $15,000 in Snap’s early round of funding way back in 2012.
Traders work on the floor during the Snap Inc. IPO at the New York Stock Exchange, March 2, 2017. ... The Catholic school just happens to be one of the first investors in Snapchat.