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Nextdoor’s Nirav Tolia Thinks He Can Turn Things Around With AI; He Has a Lot Riding On It
In a recent conversation, Nextdoor CEO Nirav Tolia expressed his determination to turn the company’s fortunes around by leveraging artificial intelligence (AI). The stakes are high for him, as he and other major investors have a significant portion of their portfolios tied to Nextdoor’s success.
As one of the largest individual investors in the company, Tolia emphasized that he believes AI can be a game-changer for Nextdoor. He acknowledged that the platform has faced challenges in recent years, including increased competition from other social media platforms and a shift away from local online forums.
Source: techcrunch.com
