Snapchat IPO is a boon to St. Francis

It is well known that local schools follow the fortunes of Silicon Valley, but St. Francis High proved a unique example last week.

An alumnus who suggested that the school’s Growth Fund make an early investment in Snapchat is now the recipient of his alma mater’s “profound appreciation” after the messaging app’s parent company debuted its initial public offering Thursday.

The business myth-busters

Courtesy of Gary Hedden/Los Altos Community Coalition
David Rock, from left, moderates a panel with downtown Los Altos merchants Adam Kemist, Dianne Edmonds and Carol Garsten, who discussed ways they envision the city improving opportunities for downtown business owners.

To learn how to create a better business climate in downtown Los Altos, there may be no one better to ask than its merchants.

That was the logic behind a panel hosted by the Los Altos Community Coalition March 3, moderated by local realtor David Rock. Carol Garsten of Nature Gallery, Dianne Edmonds of Linden Tree Books and Adam Kemist of On Your Mark spoke to a group of Los Altos residents about their successes and how others may benefit from them.

Crowdfunding enables fans to share a slice of new pub

Asher Kohn/Town Crier
The partners behind Palo Alto’s Tap Room, above, are set to open State of Mind Public House and Pizzeria at the site of the former Maltby’s restaurant in downtown Los Altos.

Work is progressing nicely at Plaza North and Fourth Street, where State of Mind Public House and Pizzeria is setting up shop in the old Maltby’s location.

The new joint promises to be family-friendly with a variety of pizzas, arcade games and cold beverages.

Present will not move far in a Main Street "win-win" swap

Photos by Megan V. Winslow/Town Crier
Present is slated to move across Main Street after more than four years in its old spot.

What do you get for the gift store that has everything? A new and larger location, apparently.

Present, the locavore goodie shop entering its fifth year in Los Altos, is scheduled to relocate across the street to 127 Main St. in early March. Co-owners Jim Daley and Jim Reynolds will assume the lease for the new space from Heather Lussier Photography, which will turn into a mobile business based in Los Gatos.

LA Lighting pulls plug as owner retires

Weeks after Los Altos Lighting announced what appeared to be a temporary closure, its phone connections are cut and its Main Street building – owned by the store’s proprietor, Chris Kim – is listed for sale.

After weeks of confusion about the store’s status, a sign on the shop’s front door now reports that it will reopen shortly and lists an email address: This email address is being protected from spambots. You need JavaScript enabled to view it..

Rancho grocery store plans to reopen as Safeway in March

Courtesy of Tanya Hardin-Bell
Children peer into the shuttered Andronico’s in Los Altos, which closed in late January. The grocery store will reopen in early March as Safeway Community Market.

Many Los Altos residents were upset to see the Andronico’s market close in Rancho Shopping Center last month. But fret not, because the grocery space will reopen in March as Safeway Community Market.

Renovo Capital, a Dallas-based private equity firm, purchased the five Bay Area Andronico’s out of bankruptcy in 2011. Safeway assumed control of the chain late last year and expects to maintain Andronico’s level of quality.

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