This is an interesting stock! KVSB is merging with ‘Nextdoor’ - it’s essentially a hyperlocal social networking app to connect people in the same neighbourhood. Valued at $4.3 billion though!
I’m only new to investing/valuing stocks/etc but this seems to be a little expensive… their revenue stream is mainly from advertising which I guess is viable since Facebook/Google made it pretty big haha. wondering if anyone else is looking at it
Also, apparently KVSB is under investigation from a litigation firm but this might be normal for IPO’s! (source: Khosla Ventures Acquisition Co. II (Nasdaq – KVSB) - Brodsky Smith)
valuation figure from here: Khosla Ventures Acquisition Co. II (Nasdaq – KVSB) - Brodsky Smith
Hey @belal_ccc, welcome to the forum and thanks for sharing this