Nextdoor went public via a SPAC merger with Khosla Ventures Acquisition II in a $4.3bn deal.

Nextdoor, a hyperlocal social networking service for neighborhoods, went public via a SPAC merger with Khosla Ventures Acquisition II in a $4.3bn deal. The transaction included a $270m PIPE from T. Rowe Price, Baron Capital, Dragoneer, Soroban Capital, ARK Invest, ION Asset Management, Tiger Global and Hedosophia. "Nextdoor is a cutting-edge, category-defining company with tremendous growth potential. Importantly, their strong management team remains deeply committed to their purpose to cultivate a kinder world. We are proud to be listing on the NYSE under the ticker "KIND", and we look forward to continuing our partnership and accelerating Nextdoor's growth as a public company," Vinod Khosla, Khosla Ventures Managing Director.