One of the most successful investors in the world, Peter Thiel, has joined a new $100 million fund. The fund wants to tap into Norway’s, Sweden’s, Denmark’s, Finland’s, and Iceland’s thriving tech startup culture. He will offer growth and scaling assistance to early-stage enterprises. Peter Thiel was one of Facebook, Inc.’s first investors. The investor co-founded and later sold a payments company for $1.2 billion. Thiel is also a shareholder in a number of other tech firms, including Twitter and Spotify. Thiel is most known for co-founding Palantir Technologies Inc., a big data analytics firm based in Colorado that he co-founded in 2003. He also oversees the Thiel Foundation, the Thiel Fellowship, and the Founder Fund.
Here is Insider Monkey’s list of the 10 best investments of billionaire Peter Thiel. Asana, Inc. is a firm that runs a popular project management app. Year-to-date, the stock has returned more than 83 percent to investors. Thiel led a Series B round of investment in Asana in 2012 through the Founder Fund. Lyft, Inc. is ranked ninth on the list of billionaire Peter Thiel’s top ten investments. Over the last few months, the ride-sharing company’s stock has returned more than 63 percent to investors. Yelp Inc. is a company that connects people with companies and uses user reviews to help people make better decisions. Thiel was one of Yelp’s early investors, contributing initial capital to the company. The stock of Airbnb, Inc. has returned more than 11% to investors in the last month. Thiel was one of the company’s first backers, allegedly in talks to contribute close to $150 million in 2012, valuing it at more than $2.5 billion. Zynga Inc. is ranked sixth on the list of billionaire Peter Thiel’s top ten investments. Last year, game developers returned more than 14% of their investment to investors. On May 6, investment advisory Bank of America raised Zynga shares from Neutral to Buy. For more details, click 10 Best Investments of Billionaire Peter Thiel.