5 Best Stock Picks and Ideas from Billionaire Chamath Palihapitiya’s Portfolio

3. Cozy

Cozy is a Portland-based online real estate firm that offers landlords and renters digital solutions to managing their relationship. The company markets renter’s insurance, online payments, screening reports, and rent applications. It was founded in 2012 and managed to raise more than $18 million in funding before being purchased by Washington-based commercial property firm CoStar Group, Inc. (NASDAQ: CSGP) in 2018. CoStar valued Cozy at $68 million and integrated it into its own online real estate system. 

The CoStar Group has a market cap of more than $34 billion and posted more than $1.6 billion in revenue in December 2020. Last month, the commercial property firm made a $450 million bid for property data and analytics firm CoreLogic to cement its status as the premier digital real estate firm in the US. Cozy thus features 3rd on our list of top 10 best stock picks,  investments, and portfolio of billionaire Chamath Palihapitiya.