In this episode of the StrictlyVC Download, Nextdoor CEO Nirav Tolia joins Connie Loizos and Alex Gove to talk about the challenges of running a public company and his decision to step back into leadership after over five years away from the role. He also discusses why now is the right time for a product overhaul and how he plans to turn the neighborhood social media app around.
He goes over his strategy to improve user engagement and why he’s betting on AI to moderate user-generated content and minimize hate speech. The three also talk about whether an acquisition could be on the table, who owns how much of the company, and whether, roughly four years after going public through a special purpose acquisition company, Nextdoor might be better off as a privately held concern.
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