The SPAC is sponsored by an affiliate of Khosla Ventures and features a private investment of $270 million from T. Rowe Price and Baron Capital Group, among others. The deal is expected to close later this year. Once it does, Nextdoor will make its Wall Street debut under the ticker symbol “KIND.”
Pacaso was founded by former Zillow executives Austin Allison and Spencer Rascoff. The company enables prospective homeowners to purchase a fraction of a second home to share with others via its online marketplace.
Having secured venture investments of all sizes last week, check out what these Bay Area startups are doing with their new capital and which industries are up next for tech innovation. This is the Built In SF weekly refresh.
