Newspaper article The Canadian Press

National Audio 4:15 AM ET

Newspaper article The Canadian Press

National Audio 4:15 AM ET

Article excerpt

National Audio 4:15 AM ET

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NAT032 - (US-Snap-IPO-High-School) UNDATED. x-37s. (Tim Maguire) A California high school has scored big in the latest high-tech stock offering. (WA) (SOURCE:The Associated Press) --

NAT033 - (US-Snap-IPO-High-School) MOUNTAIN VIEW, Calif. x-13s. A private Catholic high school in California's Silicon Valley has made 24-million dollars from an initial public offering of shares in Snap. The board of the high school in Mountain View agreed to invest 15-thousand dollars in seed money in Snap in 2012, when the company was just getting started. Saint Francis High School president Simon Chiu (choo) says the school originally launched a fund in 1990 for investment in Silicon Valley startups. ("..and, and transformational.") (SOURCE:The Associated Press) -- TAG: The windfall will be used for financial aid, professional development, teacher training and funding of school programs. …

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