Nextdoor’s Post

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Today, we announced financial results for the first quarter of 2024 and welcomed three new Board members to Nextdoor: Marissa Mayer, Niraj Shah, and Robert Hohman. These appointments bring substantial product-centric operational and leadership experience in the technology space to Nextdoor’s Board. We had a productive Q1, delivering revenue of $53 million, increasing 7% year-over-year. WAU grew to 43.4M, up 2% year-over-year and 4% sequentially, driven largely by strong Verified Neighbor acquisition. Session depth also improved by 36% year-over-year, reflecting users’ deepening engagement. We’re delivering advertiser value, and our Ads platform continues to show good progress. By the end of Q1, 100% of our self-serve customers were using Nextdoor Ads Manager to onboard and manage campaigns, and benefiting from improved ad delivery and performance on the Nextdoor Ad Server. Neighbors, businesses of all sizes, and public agencies in more than 335,000 neighborhoods across 11 countries turn to Nextdoor to connect to the neighborhoods that matter to them. Learn more at investors.nextdoor.com. $KIND

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Britt Swope

BIM/VDC Mechanical Design Process, HVAC & Plumbing

1mo

I don't know how you stay in business...

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Britt Swope

BIM/VDC Mechanical Design Process, HVAC & Plumbing

1mo

selling people's personal info is big business...

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Chad Greer

Data Driven Leader at Data Axle

2mo

Great board additions! Congratulation on Q1 growth. 🚀

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