Sam Feaster

In regards to life Sam Feaster feels as though everything happens for a reason. Every wrong turn leads to two right turns. In his life he have begun to realize that helping people is one of those right turns he has taken in his life. Sam finds no greater joys than the feeling of accomplishment. Knowing that he is apart of someone’s longevity, wellness, and health on a holistic level. To be able to be there for as many people as he can, that is his dream and that is his way of life.

Tuesday, May 16, 2017

Brief: Temasek among big-name funds that invested in Snap

Photo credit: Ted Murphy.

The news:

Singapore state investment firm Temasek was among institutional investors that have bought stakes in Snap, parent of messaging app Snapchat, US Securities and Exchange Commission filings show.
Temasek owns 300,000 shares in Snap, accounting for 0.04 percent of the company, according to Bloomberg data.
Big US funds like Fidelity Management & Research and Coatue Management have held positions even before Snap went public.

Why it matters:

Snap’s stock jumped on account of the stake disclosures, after last week’s losses that were brought about by poor quarterly results – the first publicly reported. Snap missed revenue and user growth targets amidst a heated competition with Facebook.
Temasek is a force to be reckoned with. An early investor in Alibaba and Uber rival Grab, the Singapore government’s fund owns a portfolio worth over US$170 billion in Singapore and Asia.

Source: Bloomberg

This post Brief: Temasek among big-name funds that invested in Snap appeared first on Tech in Asia.

from Tech in Asia https://www.techinasia.com/temasek-bigname-funds-invested-snap
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