NEW YORK (TheStreet) -- I was skimming the Twitter feed and read a tweet about Web accommodations site Airbnb raised more venture capital funds recently and is being valued at around $10 billion. About a year-and-a-half ago, I tweeted one of the founders of Airbnb, Joe Gebbia, asking him how the company got its name and what it meant. He tweeted me back and sent me a link to a video explaining the name ... how cool is that?
Airbnb is so disruptive to the hotel industry. I was mulling that over as I was helping a friend find an Airbnb in Los Angeles.
So I started wondering if disruptive companies can disrupt the stock prices of their competitors. What will the impact of an Airbnb be on such publicly traded competitors as Hilton (HLT), Hyatt (H) and Marriott (MAR) whenever Airbnb goes public.
Since Airbnb hasn't had its initial public offering yet, let's look at other stocks in other industries.
When I think of disruptive companies whose stock is publicly traded, the most disruptive ones I can think of are Apple (AAPL), Tesla (TSLA) and Netflix (NFLX). I wondered if there is a measurable way to see the impact on the competitors of these major disruptors by looking at the stock prices of their competitors on their IPO date, one year after, and many years later closest to current date.