00:01:00 · S5, S6, S7
Ad[00:01:00] S5: It's officially the holiday season, and Abercrombie's new collection has outfits for everything on your calendar. It's the busiest time of year, and between shopping and party invites, I don't have time to plan every look. But Abercrombie's always got me covered. Their sweaters are the perfect easy layer for low key plans, and on a nice night out, I'm reaching for their classic trousers. Fill your closet with the pieces you'll need all season long. Have a very Abercrombie holiday. Shop in the app, online, and in stores. Ad[00:01:30] S6: Does checking your bank statements feel like digging through a dusty attic full of forgotten subscriptions and old free trials? Experian can help take the pain out of canceling by handling it for you. Think of it as operation get your sanity back. Over 200 subscriptions are cancelable. So get started in the Experian app and see how much you could save. Ad[00:01:54] S7: Results will vary. Not all subscriptions eligible. Ad[00:01:56] S6: Savings not guaranteed. Paid membership with connected payment account required. See experian.com for details.
00:02:00 · Nirav Tolia
[00:02:00] S8: I am Nirav Tolia, the CEO and cofounder of Nextdoor and someone who has been fortunate to work in technology for the last thirty years in Silicon Valley. I am the son of two incredible Indian immigrants who came to America, truly lived the American dream. The things that I did naturally were more entrepreneurial. I had a car wash. I had a number of other neighborhood businesses that made me feel like I could create something out of nothing. Nextdoor is now fifteen years old, but ultimately I wasn't growing with the company. The things that I was doing as a CEO were too similar to what we needed in the early days and not tuned or specific enough to what we needed to get to the next level. And so the decision was made and it was a very hard decision that we needed new leadership. And I left, and for five and a half years, I was still linked to Nextdoor, and I still loved the company, but I was on the sidelines, not on the field. When I left Nextdoor the first time, I spent five and a half years primarily being an investor. One of the really fun things I was able to do as an investor is to go on this popular show Shark Tank. I went on as a shark, but when I went on, I realized something really interesting. I loved being a shark and I admired my fellow sharks. They were all very successful business people, but my true admiration was for the entrepreneurs. Because when they walked in to pitch us on live television, the pressure they were feeling, the anxiety, the nervousness, I know what that feels like because I felt it. And so my empathy for those people and what they were doing, it was very different than just being an investor. And ultimately I came back to Nextdoor because I loved investing, but I am an entrepreneur. Even today, the thing that I care most about is having positive impact on the world. It's not easy to work long hours. There are lots of sacrifices. I wanna feel like I had a positive impact on the world. And my way of doing that is by building technology companies. Nextdoor is the essential neighborhood application. It's a social media service that helps you get closer with the people around you, that makes your house feel like a home, and makes you come together with your neighbors to build a stronger, safer, and happier local community.
00:04:33 · Nirav Tolia
One of the big changes with this version of Nextdoor, the NextNextdoor that we have recently released is that we've integrated local news into the service. The way that neighbors learned about things that were going on in their neighborhoods, even predating the Internet, was through local newspapers. We're live in over 11 countries around the world. As a public company, we are also generating hundreds of millions in... Of dollars in revenue. But I think the important thing is every single day, we know that neighbors use Nextdoor to make their local communities stronger. That was our dream when we started the company, and we know it's happening today, which is so fulfilling for us. I was very lucky to be an undergrad at Stanford. And through that process, I heard of a young company that had just been started by two other Stanford students. The company was called Yahoo. The year was 1995, 1996, and the internet was just beginning to boom. Because of my relationships at Stanford, I was able to go and work at Yahoo as my first job as one of the first 100 employees, and it was the lucky break of a lifetime. Being an early employee at Yahoo was like winning a ticket in a lottery. Yahoo in the mid nineties was the hottest Internet company. It was the product that not only was a shining
00:06:00 · S1, S2, S3, S4, S5
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00:07:00 · S5, S9, S10, S11
Ad[00:07:00] S5: It's officially the holiday season, and Abercrombie's new collection has outfits for everything on your calendar. It's the busiest time of year, and between shopping and party invites, I don't have time to plan every look. But Abercrombie's always got me covered. Their sweaters are the perfect easy layer for low key plans. And on a nice night out, I'm reaching for their classic trousers. Fill your closet with the pieces you'll need all season long. Have a very Abercrombie holiday. Shop in the app, online, and in stores. Ad[00:07:30] S9: We just moved into our new house, and I didn't realize just how close we were to the neighbors. That's when my friend told me about blinds.com. Ad[00:07:38] S10: Blinds.com isn't a medication, but it can improve how you feel about your home. Customers who shop at blinds.com experience excellent customer service from consultation to installation. Side effects include increased privacy and better sleep. Talk to your partner today and see if blinds.com is right for you. Ad[00:07:55] S11: Shop Black Friday all month long at blinds.com. Don't miss huge deals dropping every week.
00:08:00 · Nirav Tolia
[00:08:00] S8: Beacon of innovation in this new field, this new .com era, it was a product that was beloved by users. I would wear my Yahoo t shirt and walk down University Avenue in Palo Alto, California, and so many people would come up to me and tell me how much they loved using Yahoo. The first thing I would say about Yahoo is it was a very humble place, even amidst its success. It was a very flat organization. And I remember the first week at Yahoo, I joined one of the most junior people, one of the youngest people, a real nobody at the company. And the car that I was driving, the battery died, and it couldn't start. Guess who gave me a jump from his car? One of the founders of Yahoo, who's gone on to become a billionaire and an Internet celebrity. But that tells you about the humility of the place, and it wasn't just in helping a new employee with a dead car battery. It was in everything around building the company. No task was too big. No task was too small. It was not a hierarchical place. It was a place where the quality of ideas and the value of hard work is what led to success. Yahoo was a place during those days where almost every day that I came to work, the metrics were better. Because as great as Yahoo was as a company, it was caught in a revolution that was even bigger than any single company, and that was the dot com revolution. And so we hear this expression, in a rising tide, all boats rise. Well, Yahoo was one of the biggest and best boats, but it was the beneficiary of that tide. And so over a three year period at Yahoo, I saw the company grow from less than a 100 employees to over 10,000. When I look back at the lessons I learned at Yahoo, particularly about building consumer technology products, there's one that stands above all the others, and that is user value first. Google, which came after Yahoo has a saying, one of its core principles, follow the user first and all else will take care of itself. That is the way Yahoo operated. And that is what I want Nextdoor to be like. You may ask, why did I leave? Why did I only spend three years at Yahoo? Well, the truth is, even though I loved being there, something was missing. And that thing that was missing is my direct influence on the impact the company was having. So after three amazing years at Yahoo, I left to start my own company. And I remember my goodbye party at Yahoo.