Day 100: Triple Digits. And Still Waiting.
Day 100.
I almost can't believe I'm typing that.
For 100 days, I've been asking Nextdoor for the detailed Insights data its own published material said readers could request.
I'm a shareholder. I asked for something the company advertised as available.
One hundred days later, I'm still waiting.
Meanwhile, NXDR Has Been Moving
Yesterday, NXDR traded as high as $2.64, very close to its 2026 closing high of $2.68 on August 10 and $2.66 close on August 11. As I write this, I'm seeing approximately $2.54. ChartExchange
Yesterday I wrote about something else I've been thinking about: a stock isn't evaluated solely on revenue, EBITDA and what's sitting on the balance sheet.
Leadership confidence and corporate reputation can matter too.
But I want to be careful here.
I have no evidence that today's movement has anything to do with my post, Nirav Tolia, my 100-day campaign—or anything else I've written.
Maybe short-term traders took profits. Maybe investors reacted to something entirely unrelated. That's the market.
What interests me is the longer-term question.
What Does Day 100 Cost?
Not in dollars.
In credibility.
A company can publish mission statements, announce AI initiatives, appear on podcasts and talk about connecting communities.
But sometimes reputation is built in much smaller moments:
Someone asks a question. Does anyone answer it?
Someone requests something you publicly said was available. Does anyone provide it—or simply explain why they can't?
That's what makes Day 100 remarkable to me.
The original request was tiny.
The case study it created is now enormous.
I'm still a shareholder. I still want NXDR to succeed.
And I'm still asking the same remarkably simple question I asked 100 days ago:
Can someone at Nextdoor provide the detailed Insights studies—or tell me why they can't?
Welcome to triple digits.
I really didn't think we'd get here.
👉 Follow the continuing case study at NielFlamm.com/blog
Day 99: A Stock Ticker Measures More Than Numbers
Day 99.
Tomorrow, this Nextdoor journey officially enters triple digits.
Another email requesting the detailed Insights studies is coming, but today I want to look at something completely different: leadership reputation and shareholder confidence.
I recently saw a reel discussing how a stock isn't influenced only by revenue, earnings, and a balance sheet. Investors also evaluate management, governance, credibility and the risks surrounding the people running a company.
That reminded me of Dan Bilzerian and Ignite International Brands.
Former Ignite executive Curtis Heffernan sued after his 2020 termination, alleging he was fired after refusing to approve substantial expenses he believed were personal expenses being charged to the company. Bilzerian disputed that account and said Heffernan was terminated for negligence and incompetence. The dispute eventually reached the California Court of Appeal. Bloomberg
And the story didn't end there.
Later litigation involving Ignite became even more complicated. In 2024, federal prosecutors charged Dan's father, Paul Bilzerian, and others in a case involving Ignite. Prosecutors alleged Paul secretly exercised significant control over the company while concealing that role. Those are government allegations, not something I'm presenting as independently proven here. Paul had previously been convicted of securities fraud in 1989. Department of Justice
Court records also show that Dan was removed as Ignite's CEO in 2023 after internal disputes, including concerns about his impact on the brand. Justia Law
Why Am I Talking About This on Day 99?
Not because Nextdoor is Ignite.
It isn't.
And I'm certainly not suggesting Nirav Tolia has done anything resembling what was alleged in the Ignite cases.
My takeaway is much simpler:
Leadership becomes part of a company's asset—or liability—whether the balance sheet lists it or not.
A CEO's reputation matters.
How leadership communicates matters.
How criticism is handled matters.
How shareholders are treated matters.
Whether questions receive answers matters.
And when leadership becomes closely identified with the company itself, the distinction between corporate reputation and executive reputation can become increasingly difficult for investors, customers, and the public to separate.
That's something I think about as a Nextdoor shareholder.
I've spent 99 days asking for studies that Nextdoor publicly said readers could request.
Tomorrow we hit 100.
At that point, the unanswered question isn't only about the studies anymore.
It's also about what 100 days of an unresolved request says about communication, ownership, and leadership.
See you in the triple digits.
👉 NielFlamm.com/blog
Day 98: Maybe the Silence Is the Most Interesting Data of All
Day 98.
We're now two days away from triple digits, and I’m still waiting for the detailed Nextdoor Insights studies I originally requested.
But today, I’m looking at this saga differently.
What If the Experiment Wasn't the Study?
For 98 days, I've been asking Nextdoor for research data.
In the process, I've accidentally collected some data of my own.
How does an organization respond when one person simply refuses to let a reasonable question disappear?
Not with threats. Not with harassment. Not by screaming louder.
Just by continuing to ask.
At some point, the absence of an answer becomes information itself—not proof of anyone's motive, but a case study in how an organization handles persistence, ownership, and closure.
That's something you won't find in a spreadsheet.
Meanwhile, the Petition Is Live
There's now another question on the table:
If neighbor reviews, recommendations, and local knowledge become increasingly valuable to Nextdoor—especially in the age of AI—should the neighbors creating that value participate in it?
I've launched the Neighbor Value-Sharing Petition to start that conversation.
If you agree, please sign it and share it.
Tomorrow: Day 99.
Then comes 100.
The funny thing is, I started this journey looking for Nextdoor's data.
I didn't expect Nextdoor's response to become data of its own.
👉 Follow the saga at NielFlamm.com/blog
Day 97: The Stock Is Moving. My Email Is Moving. But Is the Company Learning?
Welcome to Day 97.
Let's start with some good news for Nextdoor shareholders.
NXDR had a good week. It moved from roughly $2.38 to $2.49, up about 4.6%. Investing.com
That's progress.
But perspective matters. NXDR remains below its 52-week high, and it's also below Citigroup's $2.85 price target. Citi raised that target from $2.30 in August while maintaining its Neutral rating. Yahoo Finance
As a shareholder, I'll happily take an up week.
Now, back to our regularly scheduled programming.
Another Email Is Coming
I will be sending another email asking Nextdoor for the detailed Insights studies I've now been requesting for 97 days.
Not the public blog posts.
Not links back to the summaries.
The detailed data that Nextdoor's own posts told readers they could request.
The question hasn't changed.
But after 97 days, maybe there's another question worth asking.
What Is the Cost of an Unfinished Task?
I've encountered this repeatedly during my career in Learning & Development.
People tend to measure the cost of doing something.
We don't always measure the cost of not finishing it.
Think about what's happened here.
One unanswered request became a follow-up.
The follow-up became another email.
Then another.
It became blog posts.
LinkedIn posts.
A 97-day running case study.
And now we're approaching Day 100.
That's organizational debt.
Every time an issue gets passed along, ignored, misunderstood or left without an owner, the organization doesn't necessarily make it disappear.
Sometimes it accumulates interest.
Imagine the Alternative
Imagine if somewhere around Day 3 someone had simply written:
“Niel, here's the data.”
Or:
“Niel, we're sorry, but we're not providing the detailed study.”
Or:
“Here's who handles these requests.”
Three sentences.
Done.
Instead, I'm preparing another email on Day 97.
That's why this stopped being merely about two Insights studies a long time ago.
For me, it has become a fascinating real-world example of organizational follow-through.
You can have talented employees.
You can have executives appearing on podcasts.
You can have AI strategies.
You can have a rising stock price.
But organizations are also judged by something much less glamorous:
Can somebody just finish the task?
NXDR had a good week.
I'm glad.
I'm a shareholder. I want more good weeks.
But I'm also still waiting for an answer to a question that should never have survived for 97 days.
Another email is coming.
Three more days until Day 100.
At this point, I'm genuinely curious which arrives first:
The studies—or triple digits.
👉 Follow the continuing case study at NielFlamm.com/blog
Day 96: The Stock Is Flat. The Communications Team Is Quiet. The Petition Isn’t.
Welcome to Day 96.
As I write this, Nextdoor Holdings (NXDR) is sitting at $2.48—no gain, no loss. Recent market data confirms the shares at roughly that level after a nice run from $2.15 on September 9. Yahoo!ファイナンス
So, today the stock is doing something Nextdoor Communications seems pretty good at lately:
Sitting quietly.
One Post. About Someone Else’s Award.
Nextdoor's LinkedIn communications have been unusually quiet this week. The notable post on Monday highlighted Publix, which ranked No. 4 on PEOPLE's 100 Companies That Care list. Nextdoor itself wasn't among the companies being recognized; the connection was that a Publix employee used Nextdoor while helping neighbors ahead of Hurricane Milton. LinkedIn
As I wrote earlier: congratulations to Publix and, especially, the employee who actually helped those neighbors.
But we're now at Day 96, and the detailed Insights data I've been requesting remains unresolved.
Meanwhile, something new is moving.
The Petition Is Live
I've launched a petition asking Nextdoor to consider a Neighbor Value-Sharing Agreement.
The idea is simple: if years of reviews, recommendations, advice, and local knowledge contributed by neighbors become increasingly valuable—particularly in an AI-driven world—shouldn't the people creating that value participate in it?
If you agree, take a moment to sign it.
Then do something even more important:
Share it.
Send it to another Nextdoor user. A small-business owner. A neighbor. Someone interested in AI, user-generated content, or how platforms monetize the communities that make them useful.
Day 96.
The stock is flat.
Communications is quiet.
The conversation doesn't have to be.
👉 Follow the continuing case study at NielFlamm.com/blog