Nextdoor Holdings Inc - KIND - Share chat

A blank check company founded by Vinod Khosla, co-founder of Sun Microsystems and Khosla Ventures, aiming to merge with a proprietary tech firm.

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 :slight_smile:

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 :wave:

This company runs an app where users can connect to the neighbourhoods they live in. Neighbours can receive trusted information, give and get help, and build real-world connections with those nearby — including neighbours, businesses, and public services. Nextdoor is based in San Francisco, California. It combined with Khosla Ventures Acquisition Co. II in November 2021.