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home / news releases / KVSB - Nextdoor: Promising SPAC But Too Rich Here

KVSB - Nextdoor: Promising SPAC But Too Rich Here

Nextdoor Holdings Inc Cl A
  • Nextdoor agrees to a SPAC deal with Khosla Ventures at a $4.3 billion valuation.
  • The neighborhood network company only forecasts 2022 revenues reaching $249 million for 40% growth.
  • At $11, the SPAC is insanely expensive at a '22 EV/S multiple of 16x.

For further details see:

Nextdoor: Promising SPAC, But Too Rich Here
Stock Information
Company Name: Nextdoor Holdings Inc Cl A
Stock Symbol: KVSB
Market: NASDAQ
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