Nextdoor: The Social Network for Neighborhoods

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Oct. 1 (Bloomberg) -- Nextdoor CEO Nirav Tolia discusses the app's launch on Android. He speaks with Deirdre Bolton on Bloomberg Television's "Money Moves." (Source: Bloomberg)

You guys are gearing up.

Why is this such an important part of your service?

It is local to begin with.

We believe neighbors want to use next-door pit if you look at use it the country of the internet, it is on mobile.

This a trend sweeping across not just america but the rest of the world.

If you want to be where the people are you have to be on phones.

You have to have access to the internet.

We know americans don't always want to know their neighbors but there are a lot of useful services.

Maybe you do want to know if a babysitter is good or not or maybe there is a block in your neighborhood that is crime- ridden.

There's a lot of reasons to unite.

It is not necessarily about social things pit it is not about status updates.

It's about solving problems.

There are hundreds of neighborhoods in new york city that are actively using next- door.

I think even new yorkers want to know their neighbors.

I know you just launched for android as well.

The springs and a whole another group of users.

We are very excited about the launch of next-door for android.

It was a big deal for a couple of reasons.

The first is we need to be where the neighbors are.

50% of the u.s. smartphone market is on android.

Along with our launch of the iphone app a few months ago.

The way people use next-door could be critical to their well- being.

If there's a natural disaster like a hurricane or tornado, many of the times people are not next to the computers.

Next-door for mobile helps them stay in touch in a matter where they are.

It is 20,000 over all of the 50 states.

That's about 30% of the neighborhoods in the top 35 cities in the country.

Is going to work just as well overseas?

We have had tremendous demand.

They all want to use technology to create stronger and safer local communities.

We think it will work well.

Speaking of local and government, you were just at a bloomberg tech summit.

What did you see and what did you hear their?

There was a bloomberg technology tech summit that was a joint effort to look at technology and how we can build better cities.

I hurt a lot of exciting things.

It turns out the progressive and innovative government are embracing technologies to make lives better in the cities, whether it is opened it up initiative or partnership with services like next-door.

Cities can be innovative and they can bring technology to the residence.

They are bureaucratic and clunky in general.

How easy or difficult is adoption for some the services?

I think particularly today the government make get a bad rap.

As long as we work with the right cities it is not a problem at all.

Thank you very much,



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