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Nextdoor to Go Public in SPAC Deal Valuing Company at $4.3 Billion

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thewrap.com

Axios on Tuesday, said the platform has tried to avoid the more polarizing aspects of social media while building the company. “We know it’s good for business to build out a platform that’s about kindness, not in a saccharine way but in a bold way, and to support local businesses,” Friar said.

Friar said Nextdoor is focused on growing its user base, making its app feel more personal to users, and hiring new employees.

The SPAC deal is expected to close during the fourth quarter of this year; the company will use the ticker symbol “KIND” when it starts trading.

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