NextDoor raises $110M at a $1.1B valuation
mobile.nytimes.com
mobile.nytimes.com
It's really helpful. I just wish the mobile app worked better.
1) Way too much email. There is no weekly digest so you are either going to get daily emails for the different categories/types of notifications or none at all. I got sick of all the email and unsubscribed.
2) It really started to depress me seeing all the racist posts and petty complaints people in my neighborhood were posting. Up until then I thought of most of my neighbors as nice people. After seeing all the "suspicious black teenager seen on X street" posts and other awful petty stuff I started to feel like I would rather not know what they think. Basically Nextdoor makes me feel like I live in a neighborhood of racist, bullying busybodies who have way too much time on their hands.
That said, it's not all bad. It can be handy for recommendations for tradesmen, lost & found notices, and that sort of thing.
And find that there's no "Stop sending me email" button. Instead, click, click, click, TWENTY TIMES to turn off or change email notifications:
That's not true. When you set up a neighborhood (if you are the first to do so) you can define the neighborhood house-by-house or by drawing a boundary. I don't know how they handle boundary disputes.
Regarding subgroups, you can create discussion groups within the neighborhood, and make access limited / invite only. So you could have a street by street set of groups, so each group would get general neighborhood plus street only content.
At higher levels: urban boundaries, MSA, SMA, and CSA, usually defined along county (or parish or borough) boundaries.
Only 1 other person with a profile photo in my building (Out of ~500 adults). The entire 'hood (5,000-10,000 people) only has 51 people registered (16 with a profile photo) and no updates since January.
The upside I can see with this is that it's incredibly difficult to replicate what Nextdoor have created and that probably plays a part in why it's now so valuable. I mean the stickyness of a network like this is insane.
It's easy for a WhatsApp or SnapChat to come in, ride off of users' contacts or address-book and build massive social networks to compete with Facebook. How the hell can you compete with what Nextdoor is doing without a significant investment of time, resources, and just grinding it out.
To me, this looks like a classic example of "Doing Things That Don't Scale" and a company benefiting tremendously from it.
I am not sure about you, but if you break it down, knowing that 51 people in your neighborhood will see your updates is still empowering. I live on the corner of Central Park South and 7th Ave, and I get cool updates from the few people that share my area. Sure, this is the same area where apartments sell for 100M, but yeah. And also, I might add the best thing to do is just go to a pub and meet people. Some of my neighbors are truly inspiring.
If they got enough penetration in neighborhoods, they could potentially compete with craigslist's local classified business, by using their neighborhood restrictions to offer a classified platform with a lower likelihood of scammers, etc.
This is the primary mechanism by which I communicate with my neighbors, organize neigborhood events, etc.
I bet there could be some truly interesting textual analysis against market values to try to identify ways of predicting market trends in real estate
Kinda like a HOA. Who -really- wants to be on a HOA Board other than someone who likes to be in other people's business/exude 'pseudo authority'/complain (and in a minority, someone who has been so badly on the receiving end of same that they're determined to thwart the system from within).
It seems like crime data is the only real data of local interest/inbound traffic.
Revenue numbers were leaked at some point: http://techcrunch.com/2013/08/18/inside-patchs-leaked-revenu...
The core problem is this. If 1 reporter writes "Top 6 reasons why kittens are cute - number 5 will SHOCK YOU", the potential audience is millions. You can scale your content as needed, and readers / writer is potentially unlimited.
If 1 reporter writes "Bishop School closed due to heavy rains", the potential audience is merely the students and parents of Bishop School. Your potential audience is thousands - you simply can't scale past this except in special cases (e.g., Boston bombings, school shootings, hurricanes).
tl;dr; For local news, readers / writer is simply too low and your margins suck.
(Disclaimer: I worked for Patch. However, this post is based on no inside knowledge - I know little more than what techcrunch leaked.)
Even in this scenario you still need a tremendous amount of domain authority and/or a Herculean marketing effort to achieve any kind of traction in terms of traffic.
The real question, which you touch on, is what do you want to talk to your neighbors about? Crime data is certainly one thing, but local email lists that I'm a part of indicate others:
* can I borrow a tool? * anyone have a recommendation for a service (lawnmower, roof replacer, etc, etc)? * I have free stuff in front of my house. * I have friends who want to move into this neighborhood, anyone looking to sell?
I think that event organization is possible, given enough uptake.
Disclaimer, I used to work for a real estate brokerage that was pursuing a neighborhood model (8z.com) and was a competitor of NextDoor.
I was an EveryBlock user in Chicago for about a year and it was definitely more that a distribution of stats (although I think they may have started out that way originally). There was a very active social neighborhood based network where people talked about what was currently going on in the neighborhood.
They have "leads" in every neighborhood and they financially reward leads for bringing in new users.
I think what the above poster is referring to is the referral program where if you invite someone to Nextdoor AND that person starts a neighborhood, you get a $25 Amazon giftcard. I've personally invited a few people to Nextdoor, but all of them already had a Nextdoor website for their neighborhoods so I didn't get anything even though I referred them.
https://help.nextdoor.com/customer/portal/articles/1287247-h...
And speaking of Patch, I used to be a huge fan. Right after they had a big layoff the quality went way down and the essentially started posting non-local news to my Patch. I stopped visiting shortly after that.
There are some things I've been very happy with:
1) There are a couple of police officers in the network around my neighborhood and they are terrific about informing and advising on crime & public safety matters. 2) For anyone a little leery of Craigslist or Freecycle, selling & giving away stuff using Nextdoor has a kind of built-in safety mechanism, since you know exactly who the person is and where they live. 3) It's merely OK for service provider recommendations. Unless you know the recommender IRL, their recs are as worthless as those from an anonymous person on the internet. It would be fantastic if they signed a partnership with Angie's List.
Mostly they send a ton of email.
I wish they would allow sending a weekly or monthly digest. I don't find a lot of relevance to the neighborhood content available to me (certainly not enough to be justified by a daily email) but wouldn't mind getting some content occasionally to get a rough feel for what is going on with my neighbors.
From their email this morning:
In pursuit of our mission--to build the absolute best way for you to find recommendations for trusted local services--our team has joined forces with the neighborhood social network, Nextdoor. We are wildly thrilled about this and hope you will be, too.
So you may be wondering…..
Why is this good for me? You will get an even more robust and well-supported way to give and get local recommendations. By combining our GemShare expertise with Nextdoor’s team of over 100 super-smart people, all deeply committed to building the most useful local platform ever, we are building you something amazing--and not just on iOS.
What should I do next? If you are not already a member of Nextdoor, we hope you will join up and give it a spin (over 35% of US neighborhoods already have!). You’ll be able to use it for everything from sharing neighborhood recommendations and events, to posting classifieds, to keeping your neighborhood safe and sound.
What will happen to GemShare? GemShare will continue operating for the next little while as Nextdoor works on developing its recommendations capabilities. When we feel the time is right, we will offer you the option of moving your Gems to Nextdoor so that you can continue accessing them after we transition GemShare.
So what are you waiting for :-)
Click here to check out Nextdoor
Thank you all for the beautiful recommendations you have shared with each other using GemShare. It has been heartwarming and delightful to hear the many stories of people finding the perfect piano teacher, handyman, tailor, and so much more.
If you have any questions, please drop us a line.
Warmly and with gratitude, Maryam and Claudine
P.S. Here see these lovely examples of how people around the country are using Nextdoor to build vibrant, helpful neighborhoods every day.
EDIT: not sure why this was downvoted. The article refers to NextDoor's strategy being to build a local trusted recommendation system, and they just bought GemShare (a trusted recommendation system) to help with this.
I think the key thing they do is mail you a postcard with a code to validate your address, this ensures most of the people claiming to live in neighborhood XYZ actually live there.
Even though I think sometimes we're trying to rediscover the wheel, I like the concept
http://valleywag.gawker.com/nextdoor-ceo-sentenced-to-30-day...
My parents, on the other hand, are on it all the time.