🎃 Day 120: Halloween, Neighbors, and Another Day of Silence from Nextdoor
Halloween could be an AWESOME opportunity for Nextdoor to bring neighbors together. Think about it!
🍬 Kids smiling from ear to ear as they collect candy.
🍫 Adults secretly stealing candy from their own kids.
🏡 Neighbors hosting Halloween parties and welcoming people into their homes.
👻 Communities coming together for a holiday that so many people love.
That's what a neighborhood platform should do: connect people, build relationships, and bring communities together.
But let's check in on Nextdoor's leadership and communications.
📅 Nextdoor's last post: October 8.
📅 Nirav Tolia's last post: October 9.
If Nirav isn't talking about AI, is he talking about anything at all? 🤔
Meanwhile, NXDR is trading at $2.66 a share today. That's movement in the right direction, but it's still a far cry from the Citibank number Nextdoor previously referenced.
And here's the bigger question: What about the people whose data helps power the platform?
Nextdoor benefits from its users' activity, information, and contributions. Shouldn't those users have a voice in how the value generated from their data is shared?
📢 Have you signed the Nextdoor Neighbor Value-Sharing Petition?
If you believe neighbors deserve a share in the value created by their contributions, add your name today!
✍️ Sign the petition here: https://c.org/GkNWmffgg9
Let's keep the conversation going. A neighborhood platform should be about more than AI announcements and stock prices. It should be about the people who make the neighborhoods — and the platform — what they are.
🎃 Happy Halloween! Let's make it about neighbors again.
NXDR Is Up. The Petition Is Live. Now Let’s Talk About Who Creates the Value.
I spend plenty of time giving feedback about Nextdoor, so when something moves in a positive direction, I'll acknowledge that too.
NXDR has been climbing.
The screenshot above shows the stock around $2.48, after trading substantially lower earlier in the year. At the time I'm writing this, it's down about one penny today—hardly something I'm going to sound an alarm over. Recent trading has included a notable run from $2.15 on September 9 to the mid-$2.40s this week. StockAnalysis.com
As a shareholder, I like seeing green.
But here's something we haven't talked much about:
What Happens If Neighbor Data Becomes Part of the Valuation Story?
Investors value companies partly on the assets and competitive advantages they can turn into future revenue.
For Nextdoor, one potential advantage isn't sitting in a warehouse.
It's sitting in our conversations.
Years of recommendations, questions, reviews, and hyperlocal knowledge are difficult for a competitor to recreate overnight.
If AI makes that accumulated information more useful—and therefore potentially more commercially valuable—then neighbors shouldn't wait until that business model is fully developed before asking where we fit into it.
That's why the Neighbor Value-Sharing petition is now live.
The idea is simple:
If our information helps create value, neighbors should participate in that value.
Take a moment to read and sign it:
And please share it.
Post it. Send it to another Nextdoor user. Send it to a small-business owner. Let other people decide whether their reviews, recommendations, information, and time deserve compensation when they're used to create commercial value.
I'm a shareholder. I want NXDR to rise.
But I also want the people helping create Nextdoor's unique knowledge base to participate in its success.
Those two ideas don't have to compete.