Obsessed and Relentless — But It Raises a Bigger Question: When Did Nextdoor Stop Caring?
On Friday, March 13, 2026, I published a blog post outlining my continued observations and concerns about the direction of Nextdoor Holdings Inc. (NXDR).
Read the full post here:
https://www.nielflamm.com/blog/1g6fmmdk2iqc2h7iai8iavbau86cjd
Over the past several months, I’ve made it clear that I’m not going away quietly. As both a user and shareholder, I’ve continued to raise questions and share my dissatisfaction across multiple channels — LinkedIn, X, and my own site (https://NielFlamm.com).
If there’s one stolen phrase that captures my approach, it’s this:
Obsessed and Relentless.
The goal isn’t negativity. The goal is accountability and improvement for a platform that claims to connect neighbors.
Recently, something small caught my attention. On one LinkedIn post where I discussed concerns about the company — including the absence of a share buyback despite having cash on hand and no reported debt — the only response I received from someone associated with Nextdoor Service was a thumbs-up emoji. That reaction made me pause.
This raised a bigger question: When did Nextdoor stop caring?
Interestingly, that exact question is the title of an upcoming book from a leader I had the privilege of working with twice, Natalie Beckerman. More information about the book can be found here:
https://www.facebook.com/scottmillerj1/photos/maison-vero-is-honored-to-announce-the-publication-of-natalie-beckermans-forthco/1424826529643595/
Perhaps #NiravTolia, NextDoor Service, and the broader organization might consider picking up a copy when it’s available.
Just a thought. Because platforms built around community should demonstrate one thing above all else:
That they care about the community they serve.
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#Nextdoor #Leadership #NXDR #ShareholderVoice #Accountability
Guillermo del Toro’s Frankenstein on the Big Screen
I caught Guillermo del Toro’s take on Frankenstein in theaters, and it was a visually haunting experience that brought Mary Shelley’s classic story to life powerfully. The atmosphere, emotion, and scale are something you really feel on the big screen.
Want my full thoughts on the film?
Visit https://NielFlamm.com → Videos → Movie Reviews to see my complete review and explore more movie reviews, blog posts, and videos.
#Frankenstein #GuillermoDelToro #MovieReview #MaryShelley #NielFlamm
The Undertone You Didn’t See Coming
I just watched Undertone, and it definitely had more going on beneath the surface than I expected. The tension builds in ways that kept me watching the entire time closely.
Want to hear my full thoughts and breakdown of the movie?
Head over to https://NielFlamm.com → Videos → Movie Reviews to watch the full review and check out my other movie takes.
#MovieReview #Undertone #FilmDiscussion #MovieNight #NielFlamm
Back to Finance 101: Understanding Ownership, Voting Power, and the Value of $NXDR
Recently, I decided to revisit a few economic and financial fundamentals — specifically, stocks, ownership structure, and corporate governance.
Sometimes stepping back into the basics helps clarify what’s really happening behind the scenes of a company. I reviewed topics such as:
• The difference between common stock and preferred stock
• How Class A vs. Class B shares work and how voting rights can differ
• How a Board of Directors is voted in and how shareholder voting power is structured
• SEC regulations around issuing new shares and how dilution affects existing investors
From there, I conducted deeper research into the ownership structure of @Nextdoor Holdings Inc. (NXDR).
While @niravtolia holds significant voting influence, institutional investors collectively hold the majority of ownership. Major holders include:
• BlackRock Inc.
• The Vanguard Group
• Sumitomo Mitsui Trust Group
I also noticed some institutional share selling activity recently, which may be routine portfolio adjustments or tax-related moves. But one question keeps coming to mind.
As reported in February 2026, Nextdoor has no debt and maintains cash on hand. If leadership and the board believe strongly in the company’s long-term value, why hasn’t there been a move to repurchase shares to increase shareholder value? Share buybacks are one of the most direct signals that leadership believes the stock is undervalued.
I’ve consistently said that there is real value in the Nextdoor platform. The concept of connecting neighbors and local businesses is powerful when executed well. Now the question becomes how that value is unlocked for users, advertisers, and shareholders alike.
Sometimes, going back to Finance 101 reminds us that the fundamentals still matter.
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#Investing #CorporateGovernance #NXDR #StockMarket #ShareholderValue
When a Stock Chart Looks Like a Movie Plot
Looking at the long-term chart for Nextdoor Holdings Inc. (NXDR) since it became public, I couldn’t help but think of a few films investors know well:
Boiler Room, The Wolf of Wall Street, and The Big Short.
In those stories, investors were sold on vision, leadership, and promised returns. Early excitement created a surge. Some people made money quickly selling into the momentum. Then reality set in — and the charts told a different story.
When I look at the NXDR chart since its public debut, the pattern feels familiar:
• Initial enthusiasm and a sharp early move
• A steep decline once expectations met reality
• Years of sideways movement with limited recovery
To be clear — I am not saying this is the same situation. Sometimes, though, art imitates life, and markets often echo the narratives we see in those films.
Personally, I’m actually glad I chose to buy shares and learn from the experience, even though the position is currently at a loss. It’s a different perspective than watching from the sidelines or chasing the peak.
But the bigger question now is about confidence in the future:
When will the Board of Directors, major shareholders, and venture capital investors step in and make changes that demonstrate renewed confidence in the company’s direction?
Markets eventually reward clarity, execution, and leadership. Until then, the chart tells the story investors are currently seeing.
#Investing #StockMarket #NXDR #ShareholderPerspective #CorporateGovernanc