6 Mar 2017
Silicon Valley high school makes $24million in the Snapchat IPO five years after a parent convinced it to invest $15,000 in seed money – UK Daily Mail
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 in Mountain View agreed to invest $15,000 in seed money in Snap Inc. in 2012, when the company was just getting started.
The school says they sold two-thirds of their 2.1million Class A shares at $17 each, to raise $24 million. The remaining 700,000 shares that they held onto are now worth more than $17million, after the stock closed at $24.48 a share on Thursday.
This is a private Roman Catholic school that decided to do this. The results are extreme, but modest investments could be methods to lower tuition costs for some who may not have the money to attend private schools.
2 Mar 2017
U.S. oil exports are blowing past expectations – Axios
U.S. crude oil exports have exceeded 1.2 million barrels a day, per the Financial Times. That follows the lifting of a 40-year-old ban on crude oil exports in 2015, and far exceeds baseline projections.
The situation poses a threat to Saudi Arabia and other key OPEC members, which have historically had control over the oil industry and the power to gauge pricing.
2 Mar 2017
Donald Trump made me great again: Former Miss USA – USA Today
I became famous as “Mess USA” when my boss — now the president of the United States — tossed me into rehab after I tested positive for cocaine. Rather than strip me of my crown or add to the negative press with a humiliation campaign, Donald Trump surprised me, and shocked the world, when he held a news conference and declared: “Tara is going to be given a second chance.”
It was 10 years ago that I got out of treatment, and I thank him for my 10 years of recovery. I will always be profoundly grateful. He saved my life and, essentially, made me great again.
This young lady had the perfect toxic mix in her life to be a long time drug abuser.
A good story of redemption. Not a lot about Trump in it, but obviously he was the turning point.
Hopefully with the opiod addictions ramping up, hopefully he can help turn that around also.