Niel Flamm Niel Flamm

I Didn’t Win… And Neither Did You (Probably) 🎰💸

Well… I didn’t win the Mega Millions.

And I’m pretty sure you didn’t either.

How do I know? Because the jackpot went up, which means nobody hit the big one. Congratulations to all of us for continuing our streak of not becoming instant billionaires.

The next Mega Millions drawing is Tuesday.

But don’t worry! We have another opportunity to make questionable financial decisions tonight with Powerball. Tickets are just $2 each (before they tempt you with Power Play, Power-Up, Mega-Super-Ultra-Deluxe-Whatever-They-Call-It).

As a reminder, if you head out to buy a ticket because of this blog post, a friendly gratuity for the person who reminded you—namely me—is highly recommended… by me.

I don’t make the rules. Actually, I just did.

Better yet… anyone interested in joining a lottery pool? Reach out! If we’re all going to lose, we might as well lose together. And if we win? I’ll happily volunteer to hold the giant check for the photo.

Good luck tonight!

Someone has to win. It might as well be one of us.

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Niel Flamm Niel Flamm

China, Cars, Content, and a Crazy Sponsorship Idea

There is something that has surprised me over the past several months.

A significant portion of the readers and viewers of NielFlamm.com comes from China.

When I first started noticing the traffic analytics, I was curious. I did a little research into what many people call “The Great Firewall” to better understand how my content is accessible there. From what I’ve read, my content is probably about as harmless as it gets. I write about movies, leadership, technology, AI, cars, life as an amputee, dialysis, business, and whatever random thought pops into my head. I’m not trying to stir political controversy or challenge government policy. I like to keep things interesting, fun, and occasionally a little sarcastic.

It also made me think.

If Americans believe we aren’t influenced or filtered in different ways, I think we’re kidding ourselves. Our AI tools have guardrails. Algorithms decide what news we see. Streaming services determine what music and movies are recommended. Social media platforms decide what gets amplified and what disappears into obscurity. Different systems, different methods, but someone, somewhere, is always making decisions that shape what we consume.

That isn’t really the point of this post, though.

The point is that I’d love to partner with a Chinese company as a sponsor for NielFlamm.com.

If anyone from BYD (Build Your Dreams), Xiaomi Technology, or even Polestar happens to stumble across this article, let’s have a conversation.

I’m a lifelong car enthusiast. I’ve watched countless reviews of vehicles that Americans can’t easily buy, and I think there’s an opportunity to create content from a different perspective. As someone who jokingly refers to himself as a “WaSian”—part White, part Asian—I think I can bring a unique voice to a Western audience while genuinely appreciating Chinese innovation and engineering. (More on the “WaSian” story in a future post.)

Whether it’s reviewing technology, discussing automotive design, sharing ownership experiences, or simply introducing products to an American audience, I think there is room to build something fun together.

Before you leave, please take less than a minute to complete my content survey:

https://forms.cloud.microsoft/r/WPQAzYLsgs

Your feedback will help shape future articles, videos, reviews, and discussions. I genuinely want to know what you enjoy, what you’d like to see more of, and what topics you think deserve more attention.

I don’t know of many independent creators who invite their audience to help guide the direction of future content. I think creating content should be more of a conversation than a broadcast.

Let’s build something together.

Let’s be a little revolutionary.

Join the discussion on NielFlamm.com.

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Niel Flamm Niel Flamm

Day 27: When Silence Becomes the Message

Today marks Day 27 since I requested the full methodology and report for a study published by the Nextdoor Communications team, with Jacob Chavis listed as the contact.

Twenty-seven days.

No report.

No methodology.

No acknowledgment.

Ironically, I recently received a “Thank you for sharing your thoughts” response to one of my comments from NextDoor Service. My reply was simple: Will someone finally address why Jacob Chavis has not provided the report? (See attached image.)

At this point, the larger question isn’t about the report.

It’s about leadership.

How does any manager—regardless of where they sit in the organization—allow a straightforward request to go unanswered for nearly a month?

While thinking about this, I reflected on CEO Nirav Tolia’s executive compensation disclosed in the SEC filings.

One of the performance metrics still indicated the company was operating at a loss, yet an annual bonus was awarded.

That reminded me of my years living in Las Vegas.

I’m not much of a gambler. I mostly played slot machines because they’re easy. But I understand enough Blackjack to appreciate how winning and losing work.

Imagine sitting at a Blackjack table with a $50 bet.

The dealer finishes with 20.

I finished with 18.

I lost.

Now imagine the casino sliding me $60 and saying:

“You didn’t win, but you came close. Here’s your $50 back, plus a $10 bonus.”

No casino on the Las Vegas Strip would operate that way.

Why?

Because bonuses are generally associated with achieving the positive desired outcome rather than falling short of it.

That’s why executive compensation receives so much scrutiny. Investors, employees, and customers want to understand whether incentive plans truly reward the outcomes that create long-term value.

As a shareholder, I believe communication, accountability, and executive incentives all point back to the same principle:

Results matter.

So does transparency.

I’d love to hear your perspective. Should executive bonuses primarily reward positive business outcomes, or is there a place for rewarding progress even when key financial goals haven’t yet been fully achieved?

Join the discussion at NielFlamm.com.

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Niel Flamm Niel Flamm

Help Shape the Future of NielFlamm.com

One of the questions I've been asking myself is simple: Why do people keep coming back to my content?

Instead of guessing, I decided to ask.

I've created a short survey using Microsoft Forms to better understand what readers and viewers value most, how they found my content, and what they'd like to see more of. Whether you've been following me for months or this is your first visit, your feedback matters.

I haven't seen another independent content creator undertake an initiative quite like this. Rather than relying only on analytics like page views and clicks, I want to hear directly from the people who spend their time reading, watching, and engaging with my work.

The survey is anonymous and should take less than one minute to complete.

Take the survey here:

https://forms.cloud.microsoft/r/WPQAzYLsgs

I hope you'll take a moment to fill it out. Your responses will help shape the future direction of my blog, videos, reviews, leadership content, AI discussions, and everything else I create.

Thank you for being part of the journey.

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Niel Flamm Niel Flamm

Following the Money: A Look at Nextdoor CEO Compensation

After not receiving the SEC disclosure information directly from Nextdoor Investor Relations despite my request, I decided to obtain the publicly available filings myself.

I reviewed the SEC disclosures and created the attached spreadsheet to better understand CEO Nirav Tolia's compensation in 2024 and 2025.

Here are a few observations:

Base Salary

2024: $334,615 (prorated due to his May 8, 2024, start date as CEO; annualized salary of $500,000)

2025: $500,000

Earned Bonus

2024: $500,000

2025: $543,367

According to the SEC disclosures, the 2024 annual incentive was weighted 50% toward achieving $235 million in revenue and 50% toward an adjusted EBITDA loss target of less than $57 million. The filings describe how these performance measures factored into the annual incentive award.

Stock & Option Awards

2024: $20,183,196 (new-hire equity grants)

2025: $2,216,555

Other Compensation

2024: $59,008

2025: $2,300

This resulted in reported total compensation of approximately:

2024: $21.08 million

2025: $3.26 million

As a shareholder, I'm not criticizing executive compensation simply because it's executive compensation.

It's about understanding how compensation aligns with company performance and shareholder outcomes.

Executive incentive plans are designed to reward specific objectives. The important questions are:

Were the performance metrics the right ones?

Did they drive long-term shareholder value?

How should investors evaluate bonuses when some company performance indicators remain challenged?

Do the incentives encourage sustainable growth, profitability, and accountability?

These are governance questions every public company investor should ask—not just about Nextdoor, but about any company they own.

That's why I continue reading the SEC filings myself. They're often one of the best ways to understand how a board evaluates leadership performance.

I'd be interested to hear how other investors evaluate executive compensation packages. What metrics do you believe matter most?

Join the discussion on NielFlamm.com.

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