2020 was a big year for Peter Thiel. Three months after Palantir went public, Airbnb completed its IPO.
The company was originally priced at US$68 per share. On its first day of trading — Dec. 10 — it closed at US$144.71, marking a gain of 113%.
Known for its online platform for vacation rentals, Airbnb has survived the worst of the pandemic. In Q2 of 2021, the company reported 83.1 million nights and experiences booked. That was up 197% from the pandemic-struck Q2 of 2020. Revenue totaled US$1.3 billion for the quarter, up nearly 300% year over year.
This year, the stock has returned around 15%. Other travel stocks such as Tripadvisor and Expedia are also up double-digits in 2021. Of course, with COVID variants still lurking, investing in the vacation space isn't easy.
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When the COVID-19 pandemic hit in early 2020, shares of the ride-sharing technologist Lyft took a massive nosedive. And for good reason. At a time when people were stuck at home, who needed to get around?
But with the economy having largely reopened, Lyft has regained its forward momentum. The stock is up a whopping 105% over the past 12 months. In Q2, Lyft brought in US$765 million of total revenue, representing a 125% increase year over year.
While Lyft runs a growing business, it’s quite a bit smaller than its competitor Uber Technologies in terms of market cap. Uber is also getting renewed investor attention, with shares up around 29% over the past year.
At this point, Thiel only has a relatively small stake in social media giant Facebook. But he continues to serve as a board member — a position he has held since 2005.
Facebook made headlines earlier in October due to its massive outage, which also took down its other products including Instagram, Whatsapp, Messenger, and Oculus — and a resulting 5% hit on its shares. But the stock has rewarded investors with a commendable 24% return year to date, easily topping the S&P 500.
Facebook is a behemoth in the social media space, with a market cap of over US$900 billion. For context, that’s much larger than the market cap of Twitter, Snapchat and Pinterest combined. It trades at a seemingly steep price of US$335 per share. But you can get a piece of the company using a stock trading app that allows you to buy fractions of shares with as much money as you are willing to spend.
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