Nextdoor is the latest company seeking to go public through a merger with a special-purpose acquisition company (SPAC). The neighborhood social network said the deal would give the business an equity value of around $4.3 billion. Up front: Nextdoor announced its plan after usage surged during lockdowns. The app, which neighbors use to communicate with each other, reported a 50% annual growth in daily active users last year. Instead of going public via a traditional IPO, the company has chosen to merge with a SPAC launched by VC firm Khosla Ventures. Nextdoor will join the likes of Buzzfeed, Virgin Galactic,…
This story continues at The Next Web
from The Next Web
Note : I Hope My My New News Article SPACTACULAR! Neighborhood app Nextdoor to go public via SPAC Of DigioNews So You Trust My site you are always updated with Latest news Daily news Everyday. Only on DigioNews : SPACTACULAR! Neighborhood app Nextdoor to go public via SPAC
0 Comments