Nextdoor board members have been debating what to do about the company’s future, with directors weighing in potentially bringing in a new CEO or seeking a buyer, The Information’s Cory Weinberg and Natasha Mascarenhas report, citing two people familiar with the matter. The company is grappling with anemic growth in the past year, as well as a steady cash burn from losses at its core business, the author notes. Shares of Nextdoor are surging over 22% in after-hours trading.
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