Nextdoor Holdings

Nextdoor Holdings

Nextdoor Holdings Jonathan Poland

Nextdoor Holdings (KIND) is a social networking platform for local communities. The platform allows residents of a neighborhood to connect and communicate with each other, share information about local events, and exchange recommendations for local services. The platform is designed to be a private and secure online community for each neighborhood, accessible only to verified residents. Nextdoor was founded in 2008 and is headquartered in San Francisco, California. In 2021, the company became a public company through a merger with SPAC Social Capital Hedosophia Holdings Corp. V and began trading on the New York Stock Exchange under the ticker symbol “KIND.”

as of February 7, 2023

Nextdoor spends way too much on research and development. That expense alone is 68% of gross profit, which stands at 83%. In other words, Nextdoor needs new management because it should be profitable. Market capitalization around $900 million, with a net cash position approaching $550 million, investors are really paying just $250 million for the entire business. That is roughly 1.1 times annual revenue or 0.40 times tangible book value. Someone is going to figure this one out and there’s plenty of runway before the company does.

Learn More
Freeport-McMoRan Jonathan Poland

Freeport-McMoRan

Freeport-McMoRan Inc. (FCX) is a leading international mining company that specializes in the exploration, mining, and processing of mineral resources,…

United Microelectronics Jonathan Poland

United Microelectronics

United Microelectronics Corporation (UMC) is a leading semiconductor wafer foundry, offering a range of services from circuit design and mask…

Beyond Meat, Inc. Jonathan Poland

Beyond Meat, Inc.

Beyond Meat, Inc. (BYND) is a company that produces, advertises, and distributes plant-based meat substitutes globally, including in the United…

Laird Superfood Jonathan Poland

Laird Superfood

Laird Superfood (LSF) is a health and wellness company that was founded in 2015 by Laird Hamilton, a renowned big…

Piedmont Lithium Jonathan Poland

Piedmont Lithium

Piedmont Lithium Inc., a developing company, focuses on the exploration and advancement of resource projects in the United States. The…

Opendoor Technologies Jonathan Poland

Opendoor Technologies

Opendoor Technologies Inc. (OPEN) is a real estate technology company that simplifies the home buying and selling process, essentially buying…

Tecnoglass Jonathan Poland

Tecnoglass

Tecnoglass Inc., founded in 1984 and headquartered in Barranquilla, Colombia, is a leading manufacturer of high-quality architectural glass, windows, and…

Green Plains Jonathan Poland

Green Plains

Green Plains Inc. (GPRE) is a diversified commodity-processing company that primarily focuses on the production of ethanol, a renewable fuel…

Martin Marietta Materials Jonathan Poland

Martin Marietta Materials

Martin Marietta Materials, Inc. (MLM), founded in 1993 and headquartered in Raleigh, North Carolina, is a leading supplier of construction…

Jonathan Poland (“JP”) is a publisher, not a registered investment advisor, and nothing on this website is intended, and it should not be construed, to be investment advice. Under no circumstances does any information posted on this website represent a recommendation to buy or sell a security. The information on this site is not intended to be, nor does it constitute investment advice or recommendations. In no event shall JP be liable to any visitor or third party for any damages of any kind arising out of the use of any content or other material published or available on this site, or relating to the use of, or inability to use, any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Past performance does not guarantee future results. Read the full legal disclaimer.

Content Database

Captive Market Jonathan Poland

Captive Market

A captive market is a market where a group of customers is forced to buy from a limited number of…

Customer Acquisition 101 Jonathan Poland

Customer Acquisition 101

Customer acquisition is the process of acquiring new customers for a business or organization. It involves identifying potential customers, creating…

Key Performance Indicators Jonathan Poland

Key Performance Indicators

KPIs, or key performance indicators, are metrics that are used to measure the performance of a business or organization. These…

Willingness to Pay Jonathan Poland

Willingness to Pay

Willingness to pay (WTP) is a measure of how much a customer is willing to pay for a product or…

Post Sales Jonathan Poland

Post Sales

After a sale is made, post-sales processes kick in to fulfill the customer’s expectations and strengthen the relationship. This can…

What is Greenwashing? Jonathan Poland

What is Greenwashing?

Greenwashing refers to the act of making false or misleading claims about the environmental benefits of a product or company…

Balance Sheet Jonathan Poland

Balance Sheet

The balance sheet is a financial statement that provides a snapshot of a company’s financial position at a specific point…

Intangible Assets Jonathan Poland

Intangible Assets

Intangible assets are non-physical assets that have monetary value and are expected to generate economic benefits for an organization. They…

Corporate Culture Jonathan Poland

Corporate Culture

Corporate culture refers to the values, beliefs, and behaviors that shape an organization and the way it operates. It is…