Nextdoor's 'NEXT' Platform May Provide High Upside, But Also Comes With High Risks

Thesis: Nextdoor’s hyper-localized audiences, ample cash, and efforts to better connect with users via the upcoming NEXT platform make KIND an interesting investment prospect with high upside. That said, the company is bleeding cash, and monetization and profitability mayMarkets rise and fall, booms come and go, and the world keeps ticking. Ultimately, I believe observing megatrends, as difficult as they can be to spot, let alone fully comprehend, can yield insights into the advance of human society, which ...