Social media is often about a scale, but the next bet is in a variety of: If you can grow smaller business, local communities. For many years, the plan works. The 15-year-old company has been a dominant platform for conversations based on and connected, connecting users to all animal instructions to the local business. Then at some point, stalled growth. The user finds less reasons to involve the app beyond the cases of the transactive use. What you have also turned off: Incorrect, racism, and small are bickering on the platform, keeping the contributors that don’t know better or don’t care. Now, Nirav Tolia is on a mission to convert. They have a strong motive to prove themselves. Tolia praises the company and bring until 2018, when reported is reported by the board due to disagreement of potential acquisitions. In 2021, the next time it went publicly through a social acquisition vehicle with a number of $ 4.3 Billion, but faced the growth and the dwindling years to get back. Tolia also has a lot of financial stake. He said he was the largest shareholder of the company in the next, which market can now cross the $ 1 billion. Alerts, one of the best strive backers, as the largest timeholder shareholder. Tolia states that “no one sells since IPO.” Tolia said he had confidence in the company, especially thanks to the pieces to put it. They also make progress as well. NEXTDOOR reports 45.9 million active users of the weekly active at the same time in 2023. One of the Data Reddit, for example, next time no intention to sell Openai or Google. Still, with a long climb first, and given the average minor challenge – including unable to join the holder – some clear questions including the time of this weekend, and what may be better as the company held by private. We chat with Tolia about these things, also related to the longtime Bill Gurley Council members of the benchmark, in the conversation you can hear here. Meanwhile, quote from the conversation below, converted to the length of and clarity. You have a slightly a medium tourist and late-end tour. Why? In the course of the month, I returned, the most important priority I was talking to the internally, but we were working internally, and thought it would be important to tell the story with an external story. Because one of our challenges are in the next company that is about 14 years old and has 100 million authenticated neighbors [registered on the platform]See rankings-. So it’s not small. This is a company that we believe in no relevance can and not earn potential to do. You have said that you are planned to change the product. We are very convinced that there are many neighbors we can help us. We also believe in keeping connected with our local community is important to keep us so we know, keep us safe, and keep us smart about the decision you do in the local community. But we realize when you see a product that is not enough for relevant information required to stay informed. See rankings-. . As we have the information, we do not always deliver the right way. And create a new product – which we calls inside internally, “Next Next” – everything will be more powerful for users to connect with local communities. What are some of the specific transformations you will do? Next is always a place where UGC and content made 99% fill out of what you find. But we realized about the neighborhood that does not have a variety of information that you are looking for, and there is a number of entities in your neighborhood, whether the school or organization will do, and that may be published local news as well. All have content to share with neighboring stairs. And become one of the great initiative [is to bring in] The new content of the new source that can spread the value of the value when reading the contents on the next. I stopped using it later because I was slightly surprised by what [being said by neighbors]See rankings-. Many challenges you are making certain [users] Will not release the rails, without pursuing to reduce free speeches. Indeed is one of the large challenges that all social media platforms. I’ll talk two things. One of them, we can always be better to ensure mood and competing conversations more constructive and positive. The sound. See rankings-. .I believe that the Ai’s arrival, there will be another technology influence rather than already exist. And our combination reminds our neighbors we are concerned about the community and come together and then use new and innovative toolsi touches … I am very optimistic … we can add [users’ experiences] in a significant manner. Will you use AI to break the political conversation? Our official policy is to not allow national political chat. Of course, people will still take everything. One thing, we can create special groups for political conversations – that is what the user who actually wants to have the discussion, and it is more likely to say, ‘This is not a place for political discussion. Go has on x [or] on a different platform. ‘So the part is shunting to an area that is not part of the main experience, but is still accessible. Then part it is absolutely. See rankings-. See rankings-. [applying more AI]See rankings-. Just to give an example of specific, we have a remembrance called reminder, where, before your posts to the site, we open ai technology that can be used for heated languages. And before you allow you to send it to the site, you can return with the message that says, ‘Hey, you might want to emphasize the words used in the way.’ We can do more in this home. Is that ai develops a house? Always go to the house. This is the thing I want to do. If it comes to AI, we actually have three ingredients needed as a technology company to do good things. The first thing, you need an engineer, so that you have developed everything in the house. The second is, you need your own content. You can run content; License content is a lot of companies today, but it is better if you make your own property content, which is what happens in the next. And then the third thing is that you need audience that can try llms you, because how she is smarter. And with 100 million users, obviously have a huge fish bowl. Have you ever license if AI? It is something we are asked all the time by investors. I have a very strong point of view, [which is]: If you can find the content on the next side, what is Google or Operanai or Microsoft Passport, why would you come in later? Being a private opinion is that there is a platform that has a database contents in a user who visited her, very dangerous to her and then give it to one of the better place to go first. I will never say no. But the strong view of the point of view is: If you want the next value, I want you to come to the next. You already know [famed VC] Bill Gurley for several years. They are on the next council. According to the information, he drops, and took you back after the growth was flattened. Is there an accurate retling? No, it’s not accurate. But it appears, nothing around the company is excited about the track. I mean, we are not uncommon and our stocks down 90%. This is not the Bill Gurley or Nirav Tolia chapter or anyone. Clearly if we have to do something. Bill is the person who has learned since 1996. I have worked with him since 1999 when it was funded. I don’t know that someone is more influential in professional career than Bill. I think so much from her. We disagree, but we have a wonderful job relationship through three different companies, and she is not good for me, and she is not good when we are in space together, and no one is we happy. It’s not just me and the bills. This includes Sarah Friar, which is currently running out. We all want to try to make this company good, and we just try to find a way to do. Do you want to do as a public company? I wonder if there are benefits, with all you want to do, take more privately. Have talked to anyone [private equity] Buyer about? We do not comment on these types. But [it’s] Amazing question is, that is theoretically, we will consider your personal. Just return to the bill, I have a lot of conversations about it, because it’s important to be the bill is a private company investor and I’ve been a comfortable place, because we’ve finished the decades. If you are a public company, a quarter’s results. If you are a public company, the score, which is the price of your stock, what you can see in everyday, as a good relationship between the investors and management, you can take a lot of time, and you can do something that can affect the metric Short-term disbebrants with external reaction pain in the same time. What billing is what I say is, if you want this company good, you have to do as a public company. The same kind of things, do you want to play the main league or small league? I mean, a private company is still a small league. When you finally generally, there is more responsible. You are tracked more closely. You have more skepticism. And somebody cares deeply about short-term performance as well as long, but all the muscles you have to do. I [also] Think of the cost to personal and then slowly builds the matter and open publicly in the future, which can only go for a great circle. Who has the wrong thing at this time? I know you have a disconnect position, like benchmarks. I saw that the Ark investment Management The new Cathie Woods investment brings like 4% of your classroom stock. Yes, that’s it. It is all common information. So I am the biggest individual investor. Bill and sign is the largest institution investor. No one sells because you have to know that we feel so much, because of the daily work, and we are not only at all shares, but includes us as two main shareholders. Cathy is a very fabric, too much profitability to take a big position on the next, but there is an interesting thing that has been in our industry: We are currently subscale companies now in the market billion. All kinds know the challenge to be Subscale. One is the biggest investor, institution investors – they are also not allowed to buy positions in companies that have 3 billion in the $ 4 billion market. And we want more investors, long-term investors, investor Marquee, but we have to do so but always we prove little, we will not have the opportunity. It just came back to the same thing for a few minutes ago, that is: we have to prove the better product for the user, which allows the administration to have a better experience, which allows our financial metric Better, and finally, all the items will take care of yourself. But now, we’ve been in a quite a lot of space you do better.
NATIV Nirav Tolia thinks can turn ai ai; they have been riding a lot
