US Market News
13時間前
Nextdoor Announces Date for Second Quarter 2026 Financial Results and Conference CallJuly 8, 2026 6:30 AM
Business Wire Nextdoor Holdings, Inc. (NYSE: NXDR), the essential neighborhood network, will report second quarter financial results following the close of the U.S. markets on Tuesday, August 4, 2026. Nextdoor will host a webcast and conference call the following morning, on Wednesday, August 5, 2026, at 5:30 a.m. PT / 8:30 a.m. ET to discuss the results and outlook. The webcast will be available in the Events & Presentations section of the Nextdoor Investor Relations website at investors.nextdoor.com, with a replay accessible for approximately one year. As part of our commitment to broad shareholder engagement, we invite all investors to submit questions for the live Q&A by emailing ir@nextdoor.com through Monday, August 3, 2026 at 5:00 p.m. PT. We will address the most frequently asked questions during the public webcast. Nextdoor uses its Investor Relations website (investors.nextdoor.com), its X handle (x.com/Nextdoor), and LinkedIn Home Page (linkedin.com/company/nextdoor-com), and Nirav Tolia’s LinkedIn posts (https://www.linkedin.com/in/niravtolia/) and X posts (https://x.com/niravtolia) as a means of disseminating or providing notification of, among other things, news or announcements regarding its business or financial performance, investor events, press releases, and earnings releases, and as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. About Nextdoor Nextdoor (NYSE: NXDR) is the essential neighborhood network for over 110 million verified neighbors, offering trusted local news, real-time safety alerts, neighbor recommendations, for sale and free listings, and events. Nextdoor connects neighbors to the people, places, and information that matter most in their local communities. In addition, businesses, news publishers, and public agencies use Nextdoor to share important information and engage with neighbors at scale. Download the app or join the neighborhood at nextdoor.com. For more information and media assets, visit nextdoor.com/newsroom. View source version on businesswire.com: https://www.businesswire.com/news/home/20260708043131/en/ Investor Relations:
ir@nextdoor.com Media Relations:
Kelsey Grady
press@nextdoor.com Original: Nextdoor Announces Date for Second Quarter 2026 Financial Results and Conference Call
US Market News
2月前
Nextdoor Releases 2026 Most Affordable Neighborhoods Rankings Across Cities NationwideMay 18, 2026 6:30 AM
Business Wire The essential neighborhood network combines cost-of-living data and community signals to help buyers and renters find their most affordable fit Nextdoor Holdings, Inc. (NYSE: NXDR), the essential neighborhood network used by more than 110 million verified neighbors to connect with those nearby, today released its 2026 rankings of the most affordable neighborhoods across cities nationwide. The rankings arrive as summer kicks off the busiest moving season of the year, with families timing relocations around the school calendar and buyers and renters who've spent months on the sidelines now ready to make decisions. The rankings are built on Nextdoor's Affordability Score, a composite index drawing from U.S. Census Bureau data, the Tax Foundation, and the Bureau of Economic Analysis, covering median home values, market rents, regional price parity, and tax rates, alongside platform signals reflecting how residents live and engage in their communities. The score is calibrated within each city, with the top-ranked neighborhood receiving a score of 100 and others ranked proportionately. The result is a tool designed to answer one specific question: where is it most affordable to live in your city? "For most people, buying a home is the single largest financial decision of their lives, and cost is almost always the defining factor in where they can afford to plant roots," said Kelsey Grady, EVP of Communications at Nextdoor. "What makes Nextdoor uniquely valuable is that we can go beyond the listing price and help people understand the real financial picture of a neighborhood." The full rankings are available at https://blog.nextdoor.com/nextdoors-2026-most-affordable-neighborhoods-rankings-are-here and are accessible both directly on Nextdoor and via external search. Individual neighborhood and city pages include Affordability Score breakdowns and additional community context for prospective residents, real estate professionals, and current residents looking to understand their local market. Methodology Nextdoor's Affordability Score classifies and ranks neighborhoods and cities based on third-party economic data alongside platform data. The score functions as an index, with one neighborhood in each city always receiving a top score of 100 and others ranked proportionately. Because scores are calibrated within individual cities, neighborhoods across different cities should not be directly compared. See more about how we calculate Nextdoor’s Affordability Score here. About Nextdoor Nextdoor is the essential neighborhood network for over 110 million verified neighbors, offering trusted local news, real-time safety alerts, neighbor recommendations, for sale and free listings, and local events. Nextdoor connects neighbors to the people, places, and information that matter most in their local communities. Businesses, news publishers, and public agencies also use Nextdoor to share important information and engage with neighbors at scale. Download the app or join the neighborhood at nextdoor.com. For more information and media assets, visit nextdoor.com/newsroom. View source version on businesswire.com: https://www.businesswire.com/news/home/20260518506492/en/ Investor Relations: ir@nextdoor.com or investors.nextdoor.com Media Relations: Kelsey Grady, press@nextdoor.com Original: Nextdoor Releases 2026 Most Affordable Neighborhoods Rankings Across Cities Nationwide
US Market News
2月前
Nextdoor and Freshpaint Partner to Give Healthcare Advertisers Compliant, Measurable Local PerformanceMay 12, 2026 6:30 AM
Business Wire Healthcare advertisers can now measure what hyperlocal advertising actually drives, reaching verified neighbors and household decision-makers without the compliance risk Nextdoor, the essential neighborhood network, and Freshpaint, the privacy-safe customer data platform built for healthcare, today announced a new integration that enables healthcare advertisers to measure the impact of hyperlocal advertising on real patient outcomes – without compromising privacy or compliance. The integration connects Nextdoor's Ads Manager to Freshpaint's privacy-first platform, allowing healthcare marketing teams to form a direct, controlled link between neighborhood-level campaign performance and downstream patient actions like booked appointments, attended visits, and new patient volume. With the Nextdoor-Freshpaint integration, healthcare marketers can unlock access to metrics that go beyond clicks and form fills, connecting their hyperlocal campaigns to bottom-funnel conversions so they can confidently double down on hyperlocal advertising as a measurable, scalable driver of patient acquisition. The integration delivers: Incremental local reach among verified household decision-makers not duplicated by search or other social platforms Neighborhood-level attribution tied to specific service lines, zip codes, and campaigns – not just clicks and impressions PHI protection by default through server-side data collection with full governance and auditability A single view of local growth from first neighborhood exposure to patient acquisition "Healthcare marketers shouldn’t have to trade off between performance and privacy,” said Jason Powers, Vice President of Product at Freshpaint. “By turning hyperlocal advertising into a true performance channel with Nextdoor, we’re empowering healthcare organizations to see exactly which neighborhoods and campaigns lead to patient actions – so they can measure what’s working and improve performance, without compromising privacy.” “Healthcare is deeply personal, and the decisions patients make start close to home – with neighbors, local recommendations, and trusted community conversations,” said Michael Kiernan, Chief Revenue Officer at Nextdoor. “Nextdoor is the only platform that reaches 110 million verified neighbors at their real addresses, which means healthcare advertisers aren't just buying impressions, they're reaching actual household decision-makers in the specific neighborhoods they serve.” The Freshpaint-Nextdoor integration is available now. Healthcare advertisers interested in getting started can visit business.nextdoor.com to learn more. About Nextdoor Nextdoor is the essential neighborhood network for over 110 million verified neighbors, offering trusted local news, real-time safety alerts, neighbor recommendations, for sale and free listings, and local events. Nextdoor connects neighbors to the people, places, and information that matter most in their local communities. In addition, businesses, news publishers, and public agencies use Nextdoor to share important information and engage with neighbors at scale. Download the app or join the neighborhood at nextdoor.com. For more information and media assets, visit nextdoor.com/newsroom. About Freshpaint Freshpaint is built for healthcare marketers to deliver measurable performance while safeguarding patient trust in a complex regulatory environment. Bringing privacy and performance together in one platform, Freshpaint enables healthcare organizations to securely connect and activate data across channels, connect marketing spend to outcomes, and confidently scale growth. Headquartered in San Francisco, Freshpaint partners with more than 250 healthcare organizations – including enterprise providers, payers, digital health companies, agencies, and consumer health brands – so that marketers are empowered to stretch fixed budgets, prove what’s working, and turn privacy into a strategic advantage that fuels performance. To learn more, visit freshpaint.io and follow Freshpaint on LinkedIn. View source version on businesswire.com: https://www.businesswire.com/news/home/20260512170221/en/ Media Relations:
Kelsey Grady
press@nextdoor.com Original: Nextdoor and Freshpaint Partner to Give Healthcare Advertisers Compliant, Measurable Local Performance
US Market News
3月前
Nextdoor Opens Dallas Office, Plans to Grow DFW Team Substantially in 2026April 22, 2026 6:30 AM
Business Wire
Dallas Is Already Home to Nextdoor's CEO and CFO and More Than 8,000 Neighborhoods Across DFW use Nextdoor
Nextdoor, the essential neighborhood network, today announced the official opening of its Dallas office. This is the fifth US-based office location for Nextdoor joining SF, NYC, LA, and Chicago. This establishes the company's first hub in Texas, a strategic expansion anchored by executive leadership already rooted in the city. With 15 employees on day one and plans to grow to 30-40 team members by summer 2026, Dallas marks a meaningful new chapter for how Nextdoor scales its talent and community impact.
Nirav Tolia co-founded Nextdoor in 2011, rooted in a belief shaped by his upbringing in Odessa, Texas: that our neighborhoods are one of the most important communities in our lives. In 2021, he relocated his family to Dallas, embedding himself in the city's civic, entrepreneurial life, and family life. He and his wife Megha Tolia serve as co-founding Directors of the William S. Spears Institute for Entrepreneurial Leadership at SMU's Cox School of Business, and Tolia recently joined the board of the Economic Club of Dallas.
“Dallas isn’t just a place we’re opening an office – it’s a city I call home,” said Tolia. “The talent here is exceptional, the community is vibrant, and this city embodies exactly what Nextdoor stands for: neighbors investing in where they live. We’re committed to building a long term visible presence in our incredible city.”
Dallas-Fort Worth is one of the fastest-growing metros in the country, home to millions of residents across hundreds of distinct, fast-growing communities – and more than 8,000 neighborhoods across the DFW area use Nextdoor. For a company built around neighbors, few markets present a more natural fit.
Nextdoor CFO Indrajit Ponnambalam, also Dallas-based, adds organizational leadership to the hub alongside team members already rooted in the city across Operations, Finance, Human Resources, and Engineering.
“From a business standpoint, Dallas is one of the smartest bets we can make,” said Ponnambalam. “We get access to talent across engineering, product, and corporate functions in a market that's growing faster than almost anywhere else in the country – one where we want to hire and where Nextdoor is already an integral part of local communities.”
Nextdoor is currently operating out of The Stack in Deep Ellum (2700 Commerce St.) and is actively securing a permanent location in Uptown Dallas. The company expects the Dallas office to become a multi-functional hub, with a particular emphasis on engineering talent as it scales.
Open roles for the Dallas office will be posted at about.nextdoor.com/careers.
About Nextdoor
Nextdoor is the essential neighborhood network for over 105 million verified neighbors, offering trusted local news, real-time safety alerts, neighbor recommendations, for sale and free listings, and local events. Nextdoor connects neighbors to the people, places, and information that matter most in their local communities. In addition, businesses, news publishers, and public agencies use Nextdoor to share important information and engage with neighbors at scale. Download the app or join the neighborhood at nextdoor.com. For more information and media assets, visit nextdoor.com/newsroom.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260422338093/en/
Investor Relations:
ir@nextdoor.com
or visit investors.nextdoor.com
Media Relations:
Kelsey Grady
press@nextdoor.com
Original: Nextdoor Opens Dallas Office, Plans to Grow DFW Team Substantially in 2026
US Market News
3月前
Nextdoor Foundation Launches “Dallas Place at the Table Initiative” in Partnership With Dallas Based Neighbor’s TableApril 16, 2026 6:30 AM
Business Wire
Dallas residents are invited to nominate trusted local neighborhood organizations to receive a Neighbor’s Table as a lasting centerpiece for connection and community building.
Nextdoor Foundation today announced the launch of the Dallas Place at the Table Initiative, a new program in partnership with Neighbor’s Table designed to invest in grassroots organizations building meaningful connections across Dallas neighborhoods.
Nextdoor Foundation will provide 10 highly respected, hyper-local organizations in Dallas with a handcrafted Neighbor’s Table – a long, farmhouse-style table and bench set valued at over $2,750 designed to serve as a gathering place for community members. The gift will support the recipient organization’s ongoing work.
Rooted in the belief that meaningful relationships are built through shared spaces, Neighbor’s Table began as a grassroots effort in Dallas and has grown into a broader movement encouraging people to slow down, share meals, and foster belonging. Each table serves as both a physical anchor and a catalyst for dialogue, hospitality, and connection across cultural and social divides.
“Strong neighborhoods aren't built on screens alone – they're built in the moments when people actually come together,” said Kelsey Grady, President of the Nextdoor Foundation. “Some of the most meaningful connections between neighbors happen over a shared meal, and that's exactly what Neighbor’s Table is designed to create. When you sit down at a table with the people who live around you, something shifts. That’s the kind of offline connection that makes online community stronger.”
Neighbor’s Table Founder and Dallas resident Sarah Harmeyer shared, “A table is one of the simplest but most powerful tools for connection. When people sit down together, barriers soften and conversations open up. Through this partnership with the Nextdoor Foundation, we’re honored to see Neighbor’s Tables placed with organizations across Dallas that are already doing the work of bringing neighbors together and creating spaces where everyone feels they belong.”
The initiative is designed to provide more than a piece of furniture. Each Neighbor’s Table will serve as a functional centerpiece for community gatherings – from shared meals and listening sessions to volunteer meetings and celebrations. By supporting organizations that convene neighbors regularly, the Nextdoor Foundation aims to deepen local bonds and strengthen the fabric of Dallas neighborhoods. This initiative coincides with a broader expansion in the region by Nextdoor Holdings, Inc., which is planning to open an office in Dallas to further support its mission of cultivating local connection.
Through May 15, Dallas residents are invited to nominate eligible grassroots organizations through the Nextdoor platform, the Nextdoor Foundation’s website, or at tinyurl.com/DallasPlaceAtTheTable. The initiative will be promoted locally to encourage broad community participation in identifying trusted nonprofits and neighborhood groups that are making a meaningful difference in Dallas. Selected organizations will be recognized publicly and celebrated for their commitment to building connection, belonging, and resilience in their neighborhoods.
About Neighbor’s Table
Neighbor’s Table is a mission-driven community initiative centered around handcrafted, long farmhouse-style tables that anchor neighborhood gatherings. Originating in Dallas, Neighbor’s Table supports individuals and organizations in becoming intentional “people gatherers,” helping cultivate shared spaces where relationships can grow and communities can flourish.
About Nextdoor Foundation
Inspired by the neighborhood connections fostered by Nextdoor Holdings, Inc. (NYSE: NXDR), Nextdoor Foundation was founded with a simple belief: small acts of support can spark big changes in communities and is backed by various funders, including Nextdoor’s co-founders. We partner with trusted nonprofits and local leaders who are already doing incredible work to bring neighbors together and build stronger, kinder communities.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260415541424/en/
Nextdoor Foundation Media Relations:
Kelsey Grady
press@nextdoor.com
Original: Nextdoor Foundation Launches “Dallas Place at the Table Initiative” in Partnership With Dallas Based Neighbor’s Table
US Market News
3月前
Nextdoor Opens Early Access for Local Journalist Accounts on National Local News DayApril 9, 2026 6:30 AM
Business Wire
Nextdoor Pilot Gives Local Journalists Verified Voice in the Neighborhoods They Cover
Nextdoor Holdings, Inc. (NYSE: NXDR), the essential neighborhood network used by 1 in 3 US households, today opened early access for Local Journalist Accounts, a new pilot program that gives local journalists a verified account—a named presence within the communities they cover.
The timing of opening up early access is intentional. Today is National Local News Day, the first coordinated national effort to reconnect communities with local journalism at scale. The initiative is led by a coalition including Montana Free Press, the American Journalism Project, Press Forward, and Rebuild Local News, with more than 1,000 newsrooms signed on. Its premise is direct: Americans consistently say local news is essential to democracy and daily life, yet the infrastructure supporting it has collapsed at a pace most communities have not fully felt yet. It is the right moment to open this program to journalists who want to get in early.
The early access program builds on a three-month pilot across Dallas-Fort Worth, Denver, and Billings, Montana, with 75+ journalists from newsrooms including the Dallas Morning News, Fort Worth Star-Telegram, Denver Gazette, and Hearst Newspapers’ MySA (MySanAntonio.com). The pilot tested a straightforward idea: that neighbors engage more with a named reporter than with a brand page. Early signals from Dallas support that thesis. Journalist account engagement metrics show early signs of neighbor interest that justify expanding the pilot program.
Multiple pilot journalists sourced and published stories directly from Nextdoor community conversations. “I’ve been really excited to be able to target my questions to people living in neighborhoods impacted by a topic we’re covering,” said Zachary-Taylor Wright, a trending local reporter for MySA, a news site covering San Antonio, TX. “When a rainbow crosswalk was being removed due to state code enforcement, for example, I could use Nextdoor to hear directly from people who live nearby to find out what they thought about the issue.”
Starting today, journalists at established local news publications in the United States can sign up for early access at nextdoor.com/journalists.
“Neighbors come to Nextdoor because they want to know what's happening where they live. Local information is the whole point — and local journalism is a critical part of that,” said Nick Lisher, EVP, Product at Nextdoor. “We have spent the last year building a home for local newsrooms because informed neighbors make stronger communities. What the pilot showed us is that when a reporter shows up as a real person in those conversations, neighbors don't just read. They respond, they share, they become sources. We are opening this program early so journalists can help shape what that looks like at scale.”
Verified Reach from Day One
Unlike publisher pages, journalist accounts are tied to a real person’s name, byline, and beat. They give reporters DMA-wide distribution from the first post, with no follower base required. A reporter covering Oak Cliff does not need to build an audience before reaching neighbors in Oak Cliff. The reach is immediate and verified — Nextdoor requires neighbors to sign up with their real names and addresses, and our verification processes help create a network of real people connected to real places.
A Real-Time Window Into Every Neighborhood
New in early access: Metro-Wide Search and Feed gives journalist accounts the ability to search neighborhood conversations across their entire DMA in real time. A reporter can search for flooding in Englewood or a school board vote in Oak Cliff and immediately see what verified neighbors are actually saying, before a story goes to print. The feature is available to journalist accounts and currently has no equivalent on any other platform at the local level.
Stories That Started on Nextdoor
Pilot journalists used the accounts to source and publish stories that came directly from neighbor conversations. Wright, the MySA reporter with Hearst’s MySA in San Antonio, sourced more than 10 published stories from Nextdoor in their first two months on the platform, including investigations into surveillance cameras and license plate scanners, coverage of a rainbow crosswalk attack, and an in-depth piece on a local business displaced by a $2.4 billion highway project. Emily Holshouser of the Fort Worth Star-Telegram received so many story tips through the platform that she started a separate Google Doc to track them all.
The timing reflects broader trends in local journalism. Nextdoor news consumption has grown 10% over the last three years — the steepest rate among major social platforms measured aside from TikTok and Instagram, per Pew Research — and six percent of US adults already get news there. Yet the approximately 27,000 local journalists employed in the United States have fewer viable platforms than ever, and until now, none built specifically for their beat.
Nextdoor’s model is built around local relevance by design: every post is geotagged and distributed to verified residents, which means audiences are delivered back to the publication’s own site — protecting the revenue relationships that broke down when other sites changed their algorithms. “Our users told us they signed up for Nextdoor to find everything most relevant to their neighborhood, and that includes news,” said Lisher. “We built this program so that if you post something local, it reaches the people who live there. The audience relationship stays with the publisher.”
“The stories neighbors care about are already happening on Nextdoor,” Lisher said. “Local journalists just did not have a verified seat at that table. Now they do. We’re excited to have early access journalists help us build this into something even better.”
Journalists at local news publications across the United States can sign up for early access at nextdoor.com/journalists. Enrollment is rolling and spots will be confirmed as applications are reviewed.
About Nextdoor
Nextdoor is the essential neighborhood network for over 105 million verified neighbors, offering trusted local news, real-time safety alerts, neighbor recommendations, for sale and free listings, and local events. Nextdoor connects neighbors to the people, places, and information that matter most in their local communities. In addition, businesses, news publishers, and public agencies use Nextdoor to share important information and engage with neighbors at scale. Download the app or join the neighborhood at nextdoor.com. For more information and media assets, visit nextdoor.com/newsroom.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260409500027/en/
Investor Relations:
ir@nextdoor.com
or visit investors.nextdoor.com
Media Relations:
Kelsey Grady
press@nextdoor.com
Original: Nextdoor Opens Early Access for Local Journalist Accounts on National Local News Day
US Market News
3月前
Nextdoor Announces Date for First Quarter 2026 Financial Results and Conference CallApril 7, 2026 6:30 AM
Business Wire
Nextdoor Holdings, Inc. (NYSE: NXDR), the essential neighborhood network, will report first quarter 2026 financial results following the close of the U.S. markets on Wednesday, May 6, 2026.
Nextdoor will host a webcast and conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss the results and outlook. The webcast will be available in the Events & Presentations section of the Nextdoor Investor Relations website at investors.nextdoor.com, with a replay accessible for approximately one year.
As part of our commitment to broad shareholder engagement, we invite all investors to submit questions for the live Q&A by emailing ir@nextdoor.com through May 4, 2026 at 5:00 p.m. PT. We will address the most frequently asked questions during the public webcast.
Nextdoor uses its Investor Relations website (investors.nextdoor.com), its X handle (x.com/Nextdoor), and LinkedIn Home Page (linkedin.com/company/nextdoor-com), and Nirav Tolia’s LinkedIn posts (https://www.linkedin.com/in/niravtolia/) and X posts (https://x.com/niravtolia) as a means of disseminating or providing notification of, among other things, news or announcements regarding its business or financial performance, investor events, press releases, and earnings releases, and as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.
About Nextdoor
Nextdoor (NYSE: NXDR) is the essential neighborhood network for over 105 million verified neighbors, offering trusted local news, real-time safety alerts, neighbor recommendations, for sale and free listings, and events. Nextdoor connects neighbors to the people, places, and information that matter most in their local communities. In addition, businesses, news publishers, and public agencies use Nextdoor to share important information and engage with neighbors at scale. Download the app or join the neighborhood at nextdoor.com. For more information and media assets, visit nextdoor.com/newsroom.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260407895495/en/
Investor Relations:
ir@nextdoor.com
Media Relations:
Kelsey Grady
press@nextdoor.com
Original: Nextdoor Announces Date for First Quarter 2026 Financial Results and Conference Call
US Market News
4月前
Nextdoor Promotes Tony Castellanos to Executive Vice President, People as AI-Driven People Strategy Becomes Core to Business GrowthMarch 19, 2026 6:30 AM
Business Wire
Castellanos will lead the People organization with AI at the center, driving the talent and organizational strategy behind the company's next phase of growth
Nextdoor Holdings, Inc. (NYSE: NXDR), the essential neighborhood network, today announced the promotion of Tony Castellanos to Executive Vice President, People. Castellanos will lead Nextdoor's People organization — including talent acquisition, compensation, HR business partnering, and benefits — as the company deepens its investment in AI-enabled People operations and continues to scale its workforce strategy.
Castellanos has risen through the ranks at Nextdoor for the past six years, most recently serving as Head of Compensation and Talent, where he built and led the teams responsible for attracting, developing, and retaining world-class talent. Bringing nearly two decades of experience across compensation, talent acquisition, and HR business partnering, he has spent his career embedding the People function as a true strategic advisor to the business. Under his leadership, Nextdoor's People function evolved from a traditional HR organization into a strategic advisory body embedded across the business — partnering directly with senior leaders to drive the company's most critical talent and organizational decisions.
Prior to Nextdoor, Castellanos held recruiting and people roles at Google and Square, where he developed the foundation in talent strategy and business partnership that has defined his career. A former competitor and coach in sports, Castellanos has spent his career bringing people together to accomplish shared goals.
Castellanos has spent the past several years building Nextdoor's AI-forward approach to HR from the ground up, designing systems that give employees faster, more consistent support while freeing his team to focus on work that actually requires human judgment. He's guided by a straightforward conviction: technology should make space for authentic human connection, not crowd it out. Under his leadership, Nextdoor has deployed AI across three core areas:
Recruiting: Hiring managers are positioned as true owners of team growth, with the People team providing strategic direction, real-time insights, and talent guidance at scale.
Compensation and Benefits: AI agents deliver faster, more consistent employee support, giving the People team room to focus on strategic design and planning.
People Business Partnering: Deeply integrated into Nextdoor's business units, ensuring people strategy is as dynamic and data-informed as the company's product and revenue work.
Together, these investments reflect Nextdoor's conviction that a high-performing People function — one that applies analytical rigor and human empathy in equal measure — is a direct driver of business growth.
“Tony embodies what we believe the people function should be: strategic, data-driven, and deeply invested in the success of the business and the people who power it,” said Nirav Tolia, Chief Executive Officer at Nextdoor. “I’m excited to partner closely with him as we enter our next phase of growth, powered by AI.”
“We’re entering an era where the people function isn’t just enabling the business; it’s actively shaping its future. That’s what we’re building toward at Nextdoor, powered by the right blend of technology and human judgment,” said Tony Castellanos, Executive Vice President, People at Nextdoor. “I’m deeply grateful to Nirav, our Nextdoor leadership, and the entire People team for their trust and support.”
To learn about open positions at Nextdoor visit: https://about.nextdoor.com/careers/
About Nextdoor
Nextdoor is the essential neighborhood network for over 105 million verified neighbors, offering trusted local news, real-time safety alerts, neighbor recommendations, for sale and free listings, and local events. Nextdoor connects neighbors to the people, places, and information that matter most in their local communities. In addition, businesses, news publishers, and public agencies use Nextdoor to share important information and engage with neighbors at scale. Download the app or join the neighborhood at nextdoor.com. For more information and media assets, visit nextdoor.com/newsroom.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260319107834/en/
Investor Relations:
ir@nextdoor.com
or visit investors.nextdoor.com
Media Relations:
Kelsey Grady
press@nextdoor.com
Original: Nextdoor Promotes Tony Castellanos to Executive Vice President, People as AI-Driven People Strategy Becomes Core to Business Growth
US Market News
4月前
Nextdoor Announces Anthony Di Muccio as Vice President of North America SalesMarch 11, 2026 6:30 AM
Business Wire
Digital media veteran joins Nextdoor to lead North America sales as the company accelerates its advertising platform growth and expands self-serve capabilities to Canada
Nextdoor Holdings, Inc. (NYSE: NXDR), the essential neighborhood network, today announced the appointment of Anthony Di Muccio as Vice President of North America Sales, effective March 10th. Di Muccio will report to Chief Revenue Officer Michael Kiernan, leading Nextdoor's North America sales organization — including U.S. regional teams and the Canadian advertising market — to deepen brand and agency relationships and drive the next phase of revenue growth.
Di Muccio brings more than two decades of digital media advertising and sales leadership experience to Nextdoor. Most recently, he served as Head of National Sales at T-Mobile Advertising Solutions, where he led teams across enterprise, strategic, and mobile media sales, spearheading initiatives to maximize advertising revenue and drive growth for innovative ad solutions. Prior to T-Mobile, Di Muccio spent more than seven years at Snap Inc. in a series of leadership roles, including U.S. Head of Retail & eCommerce, U.S. Head of Travel, and Head of Mid-Market East Sales, where he was instrumental in shaping the company's go-to-market strategy, building and scaling key verticals and developing the company's mid-market sales strategy. Earlier in his career, he held roles at mobile video startup Vessel — acquired by Verizon Media — and rose through the ranks at Hulu.
The hire comes at a pivotal moment for Nextdoor's advertising business, as the company continues to make significant investments in its ads platform to give brands the precision and performance they need — bolstered by privacy-safe, first-party Verified Location Identity data — to reach real, verified neighbors at scale. Investments include:
AI-powered click optimization is now live for advertisers in the US and UK. In initial testing, over 11 months during 2024–2025, US advertisers saw an average 134% lift in CTR compared to CPM bidding.
Conversion optimization delivered a median 35% improvement in average CPA, over 11 months during 2024–2025, helping move neighbors from discovery to action with less manual effort for US advertisers.
Expanded video ad formats across the U.S., Canada, and the UK, enabling brands to activate sight, sound, and motion across more placements, including Carousel ads, with deeper performance reporting — with continued global investment in video planned.
Nextdoor Ads Manager's self-serve capabilities continue to expand and are now available in Canada and the UK.
Together, these investments establish Nextdoor as the only ads platform built for local at scale — where verified identity, neighborhood context, and AI-driven performance converge.
"Anthony has spent his career building high-performing sales teams, and he understands what it takes to help brands unlock the power of a truly differentiated audience," said Michael Kiernan, Chief Revenue Officer at Nextdoor. "Our verified network of more than 105 million neighbors — real people, real locations, real decisions — is something advertisers can't find anywhere else, and Anthony will help us bring that story to market in a powerful way."
"Nextdoor has built something genuinely rare: a verified network of real neighbors, real locations, and real decisions — powered by first-party Verified Location Identity data and AI solutions that help brands drive action," said Anthony Di Muccio, Vice President of North America Sales at Nextdoor. "The opportunity to connect brands with real household decision-makers at scale is enormous, and I can't wait to get to work."
For more information on Nextdoor Ads Manager, visit https://business.nextdoor.com/en-us/nam/nextdoor-ads-manager.
About Nextdoor
Nextdoor is the essential neighborhood network for over 105 million verified neighbors, offering trusted local news, real-time safety alerts, neighbor recommendations, for sale and free listings, and local events. Nextdoor connects neighbors to the people, places, and information that matter most in their local communities. In addition, businesses, news publishers, and public agencies use Nextdoor to share important information and engage with neighbors at scale. Download the app or join the neighborhood at nextdoor.com. For more information and media assets, visit nextdoor.com/newsroom.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260311042756/en/
Investor Relations:
ir@nextdoor.com
or visit investors.nextdoor.com
Media Relations:
Kelsey Grady
press@nextdoor.com
Original: Nextdoor Announces Anthony Di Muccio as Vice President of North America Sales
US Market News
4月前
Nextdoor Launches AI-Powered Click Optimisation to Propel Hyperlocal AdvertisingMarch 10, 2026 4:00 AM
Business Wire
New advanced tools boost ROI for advertisers, including Verisure, delivering four times more clicks for the same budget
Nextdoor (NYSE: NXDR), the essential neighbourhood network, today launches its AI-powered click optimisation, helping UK advertisers maximise the impact of hyperlocal campaigns across the country.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260310235064/en/New advanced tools boost ROI for advertisers delivering four times more clicks for the same budget
Part of Nextdoor’s smart advertising suite expansion, the feature will provide advertisers with enhanced performance across the entire marketing funnel, improving click-through rates (CTR) and driving deeper campaign engagement. In beta testing, advertisers, such as Verisure, recorded a median increase of over 75% in CTR compared to cost per thousand (CPM) bidding, close to doubling their previous engagement. The cost-per-click was also reduced by a median of 75% in testing, delivering four times more clicks for the same budget.
Today’s announcement builds on the launch of Nextdoor’s unified proprietary Ads Manager (NAM), which has brought stronger performance, richer targeting and deeper control across both managed and self-serve campaigns and launched in the UK during Q3 2025. With click optimisation, Nextdoor is marking the next chapter in this innovation journey, as advertisers tap into NAM’s AI-powered optimisation to drive significantly improved performance, more clicks and make every pound of media spend work harder.
This new solution offers dual value: advertisers achieve better results with neighbourhood-level precision, while neighbours benefit from ads that reflect their everyday local context, enriching the experience for both brands and the community.
With over 10 million verified neighbours, reaching 1 in 4 UK households, Nextdoor is the leading platform for hyperlocal advertising at scale. Optimised for a unique UK audience, Nextdoor connects brands with a high-trust community of decision-makers, driving quality traffic from neighbours ready to act. This transforms local relevance into measurable business impact.
In addition to click optimisation, Nextdoor has also introduced several other features to drive improved results for advertisers:
Max impression optimisation: Advertisers can now maximise their ad exposure by delivering the highest possible number of impressions within their target audience.
Expanded video formats: New flexible video ad formats, including 1x1 aspect ratio (square) and Carousel offer enhanced visual storytelling and deeper engagement metrics.
AI Tools (Pilot): Full suite of AI tools including targeting and delivery, as well as copy and image generation. Personalised business and industry insights help improve setup and campaign performance. In addition, AI-powered image and copy generation powered by OpenAI’s ChatGPT and 3M+ photos from Pexels' global community of photographers (all with commercial-friendly licensing), this enables advertisers to instantly generate relevant copy and engaging creative assets, making it faster and easier to build high-quality ads.
Gareth Walton, Head of EMEA Sales at Nextdoor, commented, “Nextdoor’s new machine learning Click Optimisation is a game-changer for advertisers, enabling them to achieve more impactful results with their marketing spend. It ensures that budgets go further, whether the goal is reach, clicks, or conversion.
“What distinguishes Nextdoor from other social media platforms is our unique focus on verified neighbours and targeted advertising at the neighbourhood level. This precision and local engagement offer a compelling alternative to other platforms, delivering strong performance at scale. Brands can connect directly with household decision-makers, offering precision and efficiency for those aiming to engage locally at scale.”
Andrew Miller, AI & Emerging Tech Lead at Verisure said, “Verisure prioritises reaching the right audience with precision. With Nextdoor’s new click optimisation, we've seen a transformation in our campaign performance. The AI-powered tools have significantly boosted our click-through rates and overall engagement, allowing us to connect with local communities more effectively. This innovation has made significant improvements to our cost per lead and ROI, delivering impressive results and reinforcing Verisure’s commitment to excellence.”
For more information on how to advertise on Nextdoor, visit https://business.nextdoor.com/en-gb
About Nextdoor:
Nextdoor is the essential neighbourhood network for over 10 million neighbours and is used by 1 in 4 UK households, offering trusted local news, real-time safety alerts, neighbour recommendations, for sale and free listings, and events. Nextdoor connects neighbours to the conversations and local gems that matter most in their local communities. Businesses, publishers, and public agencies use Nextdoor to engage with neighbours at scale.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260310235064/en/
Media Relations:
Alice Skeats
alice@nextdoor.com
pressuk@nextdoor.com
Investor Relations:
ir@nextdoor.com
Original: Nextdoor Launches AI-Powered Click Optimisation to Propel Hyperlocal Advertising
US Market News
4月前
Nextdoor Releases the 2026 Friendliest Neighborhoods in America, Ranking Communities Across All 50 States Based on Real Neighbor InteractionsFebruary 24, 2026 6:05 AM
Business Wire
Nextdoor Holdings, Inc. (NYSE: NXDR), the essential neighborhood network used by more than 105 million neighbors, today released its 2026 Friendliest Neighborhoods rankings — the most comprehensive look yet at community connection across the United States.
Nextdoor has named the 2026 friendliest cities/towns in every state — and the friendliest neighborhoods in each of those cities — spotlighting the communities where residents are most engaged, most supportive, and most likely to interact with the people living right next door. The full national rankings, including top neighborhoods ranked by city and by state, are available at https://blog.nextdoor.com/introducing-the-2026-nextdoor-friendliest-neighborhoods-in-america.
The rankings can only be released by Nextdoor as they are based on how neighbors interact with one another on the Nextdoor platform — from helping a neighbor carry in groceries to posting a welcome message for someone new on the block. The data captures everything from neighbor-to-neighbor resource sharing to expressions of local pride, building a picture of what local community really looks like street by street across the country.
"When people are considering where to live, they want to know more than just the statistics — they want to understand what it's really like to be part of that neighborhood," said Kelsey Grady, Chief Communications Officer at Nextdoor. "Nextdoor is uniquely positioned to analyze neighborly relations based on real neighbor interactions to shed light on the traits that make communities truly thrive. This year's list shows that strong neighborhoods exist in every corner of the country — and that the people in them are what make the difference."
Methodology
The Nextdoor Friendliness Score ranks neighborhoods based on positive community interactions. It works like an index: one neighborhood in each city receives a top score of 100, and others are ranked in relation to it. Factors include:
Posts with positive or negative tone
Fulfilled neighbor requests for help or recommendations
Posts expressing neighborhood pride or dissatisfaction
Number of free items shared in For Sale & Free
Welcome posts that receive responses from neighbors
Neighbors promoting or recommending local businesses
To ensure meaningful rankings, only cities with 10 or more distinct neighborhoods are included in the data.
Explore the Rankings
Visit the Nextdoor Blog to explore the 2026 Friendliest Neighborhoods. Simply click your state to see the full list of cities and how your local rankings stack up.
About Nextdoor
Nextdoor is the essential neighborhood network for 105 million neighbors, offering trusted local news, real-time safety alerts, neighbor recommendations, for sale and free listings, and events. Across the country, Nextdoor connects neighbors to the conversations and local gems that matter most in their communities. Businesses, publishers, and public agencies use Nextdoor to engage with neighbors at scale. If it's happening in your neighborhood, it's on Nextdoor.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260224238255/en/
Media Contact:
Media Relations
press@nextdoor.com
Original: Nextdoor Releases the 2026 Friendliest Neighborhoods in America, Ranking Communities Across All 50 States Based on Real Neighbor Interactions
US Market News
5月前
Nextdoor Reports Fourth Quarter and Full Year 2025 ResultsFebruary 18, 2026 4:05 PM
Business Wire
Q4 revenue of $69 million, +7% year-over-year
Q4 Platform WAU of 21.0 million, decreased 5% year-over-year
Q4 GAAP net loss of $4 million; Adjusted EBITDA of $8 million
Full-year 2025 GAAP net loss of $54 million
Full-year 2025 Adjusted EBITDA of $1 million; first time positive in company history
Nextdoor Holdings, Inc. (NYSE: NXDR), the essential neighborhood network, today announced results for the fourth quarter and full year ended December 31, 2025.
Nextdoor's highlighted metrics for the fourth quarter ended December 31, 2025 include:
Revenue of $69 million increased 7% year-over-year.
Total Platform Weekly Active Users (Platform WAU) of 21.0 million decreased 5% year-over-year.
Net loss was $4 million, compared to $12 million in the year-ago period.
Adjusted EBITDA was $8 million, compared to $3 million in the year-ago period, reflecting 6 percentage points of year-over-year margin improvement.
Nextdoor's highlighted metrics for the year ended December 31, 2025 include:
Revenue of $258 million increased 4% year-over-year.
Net loss was $54 million, compared to $98 million in the year-ago period.
Adjusted EBITDA was positive $1 million, compared to a loss of $18 million in the year-ago period.
Cash, cash equivalents, and marketable securities were $405 million as of December 31, 2025.
“Our Q4 results reflect steady progress and consistent execution across the business,” said Nextdoor CEO Nirav Tolia. “We delivered record quarterly revenue and achieved positive full-year Adjusted EBITDA a year ahead of schedule. We remain focused on improving the core experience for neighbors on Nextdoor.”
"Nextdoor’s neighborhood graph has always been a differentiated asset. Now, we are working to unlock its full potential by aligning our content with the real-world decisions neighbors make every day," said Tolia. "Our value isn't in passive scrolling, but in high-intent moments. By using AI to surface the right local information at the right time, we’re driving the deeper engagement necessary to create durable, long-term value."
"I'm excited to report my first quarter as CFO with strong financial performance across the board," said Nextdoor CFO Indrajit Ponnambalam. "We grew revenue 7% year-over-year in Q4, reduced our net loss by more than half compared to the prior year, and expanded our Adjusted EBITDA margin by 6 percentage points. These results culminated in our first full year of positive Adjusted EBITDA, a milestone that reflects the discipline of our entire team. With $405 million in cash and marketable securities, we have a strong foundation for continued investment and growth."
For more detailed information on our operating and financial results for the fourth quarter and full year ended December 31, 2025, as well as our outlook for the first quarter and fiscal year 2026, please reference our Nextdoor Investor Update posted to our Investor Relations website located at investors.nextdoor.com.
Three Months Ended December 31,
Year Ended
December 31,
(in thousands)
2025
2024
2025
2024
Revenue
$
69,479
$
65,228
$
257,646
$
247,276
Loss from operations
$
(7,424
)
$
(17,097
)
$
(71,942
)
$
(121,639
)
Net loss
$
(4,033
)
$
(12,123
)
$
(54,204
)
$
(98,063
)
Adjusted EBITDA(1)
$
7,621
$
3,043
$
601
$
(18,207
)
(1) The following is a reconciliation of net loss, the most comparable GAAP measure, to Adjusted EBITDA for the periods presented above:
Three Months Ended December 31,
Year Ended
December 31,
(in thousands)
2025
2024
2025
2024
Net loss
$
(4,033
)
$
(12,123
)
$
(54,204
)
$
(98,063
)
Depreciation and amortization
402
591
1,935
3,898
Stock-based compensation
14,545
19,874
65,343
74,055
Interest income
(4,378
)
(5,322
)
(18,758
)
(24,381
)
Provision for income taxes
1,085
23
1,625
706
Restructuring charges
—
—
4,660
25,578
Adjusted EBITDA
$
7,621
$
3,043
$
601
$
(18,207
)
Nextdoor will host a conference call at 2:00 p.m. PT/5:00 p.m. ET today to discuss these results and outlook. A live webcast of our fourth quarter and full year 2025 earnings release call will be available in the Events & Presentations section of Nextdoor’s Investor Relations website located at investors.nextdoor.com. After the live event, the audio recording for the webcast can be accessed on the same website for approximately one year.
Nextdoor uses its Investor Relations website (investors.nextdoor.com), its X handle (x.com/Nextdoor), its LinkedIn Home Page (linkedin.com/company/nextdoor-com), and Nirav Tolia’s LinkedIn posts (https://www.linkedin.com/in/niravtolia/) and X posts (https://x.com/niravtolia) as a means of disseminating or providing notification of, among other things, news or announcements regarding its business or financial performance, investor events, press releases, and earnings releases, and as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.
Non-GAAP Financial Measures
To supplement our condensed consolidated financial statements, which are prepared in accordance with GAAP, we present certain non-GAAP financial measures, such as Adjusted EBITDA, in this press release. Our use of non-GAAP financial measures has limitations as an analytical tool, and these measures should not be considered in isolation or as a substitute for analysis of financial results as reported under GAAP.
We use non-GAAP financial measures in conjunction with financial measures prepared in accordance with GAAP for planning purposes, including in the preparation of our annual operating budget, as a measure of our core operating results and the effectiveness of our business strategy, and in evaluating our financial performance. Non-GAAP financial measures provide consistency and comparability with past financial performance, facilitate period-to-period comparisons of core operating results, and also facilitate comparisons with other peer companies, many of which use similar non-GAAP financial measures to supplement their GAAP results. In addition, Adjusted EBITDA is widely used by investors and securities analysts to measure a company's operating performance. We exclude the following items from one or more of our non-GAAP financial measures: stock-based compensation expense (non-cash expense calculated by companies using a variety of valuation methodologies and subjective assumptions), depreciation and amortization (non-cash expense), interest income, provision for income taxes, and, if applicable, restructuring charges or acquisition-related costs.
Investors are cautioned that there are material limitations associated with the use of non-GAAP financial measures as an analytical tool. In particular, (1) stock-based compensation expense has recently been, and will continue to be for the foreseeable future, a significant recurring expense for our business and an important part of our compensation strategy, (2) although depreciation and amortization expense are non-cash charges, the assets subject to depreciation and amortization may have to be replaced in the future, and our non-GAAP measures do not reflect cash capital expenditure requirements for such replacements or for new capital expenditure requirements, and (3) Adjusted EBITDA does not reflect: (a) changes in, or cash requirements for, our working capital needs; (b) interest expense, or the cash requirements necessary to service interest or principal payments on our debt, which reduces cash available to us; or (c) tax payments that may represent a reduction in cash available to us. The non-GAAP measures we use may be different from non-GAAP financial measures used by other companies, limiting their usefulness for comparison purposes. We compensate for these limitations by providing specific information regarding the GAAP items excluded from these non-GAAP financial measures.
About Nextdoor
Nextdoor (NYSE: NXDR) is the essential neighborhood network for over 105 million verified neighbors, offering trusted local news, real-time safety alerts, neighbor recommendations, for sale and free listings, and events. Nextdoor connects neighbors to the people, places, and information that matter most in their local communities. In addition, businesses, news publishers, and public agencies use Nextdoor to share important information and engage with neighborhoods at scale. Download the app or join the neighborhood at nextdoor.com. For more information and media assets, visit nextdoor.com/newsroom.
Safe Harbor Statement
This press release contains forward-looking statements regarding our future business expectations, including statements regarding projected financial results. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors, as more fully detailed under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission (“SEC”) on February 18, 2026, and our other SEC filings, which are available on the Investor Relations page of our website at investors.nextdoor.com and on the SEC’s website at www.sec.gov. All forward-looking statements contained herein are based on information available to us as of the date hereof and you should not rely upon forward-looking statements as predictions of future events. We undertake no obligation to update any of these forward-looking statements for any reason after the date of this press release or to conform these statements to actual results or revised expectations, except as required by law. Undue reliance should not be placed on the forward-looking statements in this press release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260218233855/en/
Investor Relations:
ir@nextdoor.com
or visit investors.nextdoor.com
Media Relations:
Kelsey Grady
press@nextdoor.com
Original: Nextdoor Reports Fourth Quarter and Full Year 2025 Results
eastunder
5月前
Nextdoor Announces Date for Fourth Quarter and Full-Year 2025 Financial Results and Conference Call
06:30:00 AM ET, 01/21/2026 - Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Jan. 21, 2026--Nextdoor Holdings, Inc. (NYSE: NXDR), the essential neighborhood network, will report fourth quarter and full-year 2025 financial results following the close of the U.S. markets on Wednesday, February 18, 2026.
Nextdoor will host a webcast and conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss the results and outlook. The webcast will be available in the Events & Presentations section of the Nextdoor Investor Relations website at investors.nextdoor.com, with a replay accessible for approximately one year.
As part of our commitment to broad shareholder engagement, we invite all investors to submit questions for the live Q&A by emailing ir@nextdoor.com through February 17, 2026 at 5:00 p.m. PT. We will address the most frequently asked questions during the public webcast.
Nextdoor uses its Investor Relations website (investors.nextdoor.com), its X handle (x.com/Nextdoor), and LinkedIn Home Page (linkedin.com/company/nextdoor-com), and Nirav Tolia’s LinkedIn posts (https://www.linkedin.com/in/niravtolia/) and X posts (https://x.com/niravtolia) as a means of disseminating or providing notification of, among other things, news or announcements regarding its business or financial performance, investor events, press releases, and earnings releases, and as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.
About Nextdoor
Nextdoor (NYSE: NXDR) is the essential neighborhood network for over 100 million verified neighbors, offering trusted local news, real-time safety alerts, neighbor recommendations, for sale and free listings, and events. Nextdoor connects neighbors to the people, places, and information that matter most in their local communities. In addition, businesses, news publishers, and public agencies use Nextdoor to share important information and engage with neighbors at scale. Download the app or join the neighborhood at nextdoor.com. For more information and media assets, visit nextdoor.com/newsroom.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260121527741/en/
Investor Relations:
John T. Williams
jwilliams@nextdoor.com
ir@nextdoor.com
Media Relations:
Kelsey Grady
press@nextdoor.com
Source: Nextdoor Holdings, Inc.
eastunder
7月前
The Hedge Fund Manager Who Called Opendoor's 10X Move Thinks This Micro-Cap Could Be the Next 100X Stock
By Matt Frankel, CFP | December 10, 2025, 12:55 PM
Key Points
Hedge fund manager Eric Jackson revealed social media platform Nextdoor as his next big idea.
https://finviz.com/news/250928/the-hedge-fund-manager-who-called-opendoors-10x-move-thinks-this-micro-cap-could-be-the-next-100x-stock
Jackson successfully called massive moves in Opendoor and Carvana, so many investors take his calls seriously.
Nextdoor stock spiked higher after Jackson’s posts.
Hedge fund manager Eric Jackson just revealed his newest home-run investment opportunity, and many people are paying attention. It's not hard to see why -- Jackson is widely credited with calling the 100x move in Carvana (NYSE: CVNA) a few years ago, and the more recent 10x move in real estate technology platform Opendoor (NASDAQ: OPEN).
Jackson's next 100x investment idea is...
I won't keep you in suspense. In a lengthy series of social media posts, Jackson revealed Nextdoor (NYSE: NXDR) as his next big idea. In his posts, he referred to Nextdoor as "the most mispriced agentic-AI platform of the 2020s."
His thesis has a few components. First, Nextdoor has 100 million verified users, representing real households that are in close-proximity networks. Engagement is relatively low now (only about 20% are weekly active users), but he sees the platform as becoming the "operating system for the neighborhood" and leveraging agentic AI capabilities to dramatically boost engagement. After all, the platform is a natural fit for agentic lead generation. For example, if you type "I need a plumber who can come fix this today," Nextdoor could potentially facilitate it.
CEO Nirav Tolia, who co-founded the business and returned to lead it once again in 2024, is another major factor. Jackson highlighted the progress the company has made in the 18 months since his return. For example, the platform got a complete refresh, reduced spam alerts, reached positive EBITDA, and more.
Jackson described some specific valuation targets. He argued that Nextdoor should be worth about $11 per share now (it's about $2) by applying a more appropriate price-to-sales multiple, especially because Nextdoor has a cash-rich balance sheet with no debt at all.
In all, he sees the potential for $5.7 billion in high-margin revenue between advertising and lead generation by the end of this decade. Based on valuations of other agentic commerce platforms, he sees the potential for a $142.5 billion enterprise value, which would translate into $374 per share. That's about 150 times Nextdoor's current share price, even after the spike caused by Jackson's posts.
There's a lot that would need to go well for Nextdoor
To be sure, Jackson makes some excellent points about the potential for agentic AI commerce in a neighborhood-focused platform. But it's important to keep in mind that there's a lot that would need to go right for his thesis to play out. After all, if it were easy to spot the next 100-baggers, we'd all be very wealthy. And it's worth pointing out that while Jackson loves to highlight his winners, he's had quite a few investments that didn't turn out like he wanted. Keep this in mind before investing and be sure to do your own research into the current state of Nextdoor's business.
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