Nextdoor SPAC Presentation Deck
Why Nextdoor wins: We are the neighborhood network,
strong network effects, and clear monetization upside
Nextdoor =
Neighborhoods
Purpose-driven brand
Global relevance
Unique value prop
Significant global
addressable market
Product innovation
Multiple drivers of
monetization
Nextdoor is where you plug into the neighborhoods that matter to you.
Purpose-driven brand - promotes growth, differentiates the business, and aligns the organization.
60M+ global Verified Neighbors today, and over 70% neighbor retention.
Built on trusted information, physical proximity, and uniquely local perspective.
Everyone is a neighbor. Near-term opportunity to add 150M+ households globally.
10 years of singular focus on all things neighborhood provides utility that can't be replicated.
ARPU growth of 28% Y/Y in Q4 '20 and 31% Y/Y in Q1 '21.
Global Verified Neighbor data as of 3/31/21. Reflects 3-month retention of neighbors who joined in 2020. ARPU shown is calculated by annualizing U.S. revenue divided by the weekly active users (WAU) in the period.
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