Catholic School Reveals It Made $24M from Early Investment in Snapchat

by -
via / Snapchat

Now here’s a way to fund Catholic education!

St. Francis Catholic High School in Mountain View, CA recently revealed that it invested just $15,000 in a very early seed round of funding for Snapchat (now known as Snap) back in 2012. Snap just went public with an IPO, and the school sold some of their shares for a whopping $24 million!

They only sold 2/3rds of their shares, saving 1/3rd in hopes that the share price will continue to rise.

The school president said the money would be used to carry out their strategic plan, which includes expanding financial aid and growing their science and technology programs.

So why was the school investing in Snapchat in the first place? The school has a special growth fund that they’ve used to make investments since the 1990s as a way of generating additional income. In 2012, a father of two girls at the school who ran a venture capital firm recommended the school make the investment in the fledgling start-up.

And it paid off big time. Praise the Lord!

[See also: How All the Apostles Died & Where You Can Find Their Remains Today]

[See also: 11 of the Best #ThingsJesusNeverSaid]




  1. Hi there! I know this is kind of off-topic however I had to ask. Does building a well-established blog such as yours take a large amount of work? I am brand new to operating a blog but I do write in my journal daily. I’d like to start a blog so I can easily share my experience and thoughts online. Please let me know if you have any ideas or tips for new aspiring blog owners. Thankyou!

  2. Hello there, I’m really glad I discovered your blog, I really discovered you by error, when I was researching on Google for 9apps fast download. Nonetheless I’m here now and would simply enjoy to say thank you for a marvelous posting and the all around fun site (I likewise enjoy the theme/design), I do not have the time to browse it all at the minute however I have book-marked it and also added your RSS feed, so whenever I have plenty of time I’ll be returning to look over more. Please do continue the awesome work.

  3. Hi, Neat post. There’s a problem with your web site in internet explorer, would test this… IE still is the market leader and a large portion of people will miss your wonderful writing due to this problem.

  4. Thank you so much for this amazing content! I seriously appreciated learning about.I will ensure that I take note of this site and will often come back very soon. I wish to suggest you to definitely continue your good writing, maybe try to think of outdoor wireless intercom as well, have a good morning!

  5. My family and I really love your site and find most of your blogposts to be just what I am seeking. Do you offer guest writers to write material for you? I would not mind publishing a post relating to how to get followers on twitter or possibly on a lot of the things you write about here. Awesome information site!

  6. Our LGV (Large Goods Vehicle) HGV training is based in East London, and our LGV/ HGV courses are taught by qualified DVSA LGV & HGV trainers. LGV was formerly known as HGV, where it used to be referred to as HGV Class 2 (now called LGV Category C) and HGV class 1 (Now called LGV Category C+E).

  7. There is fantastic upgrades on the design of the website, I really enjoy that! My website is relating to how to play pokemon go and certainly, there are quite a lot of stuff to be done, I’m still a newbie in web page design. Take care!

  8. Appreciating the time and energy you invested in this blog and in depth details you offer. It is amazing to discover a website now and then which is not the same obsolete rehashed material. Excellent read! I have saved your webpage and I’m including the RSS feeds to my own cordless lawn mower web page.

  9. Excellent read, I just passed this onto a friend who was doing a little research on that. And he just bought me lunch because I found it for him smile So let me rephrase that: Thank you for lunch!

  10. It was actually wonderful reading this and I think you’re absolutely right. Tell me if perhaps you are involved in canon printer and scanner, that’s my primary competence. I am hoping to check back with you in the near future, cheers!

Leave a Reply