Nextdoor co-founder Nirav Tolia recounts leaving Yahoo in 1999 to start his own company and the reaction from Yahoo co-founder Jerry Yang.
0:00 / 0:13exact quote · 13.2s
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“And he looked at me right in the eyes, and he said, you're a lot less intelligent than I thought you were. Do you have any idea how hard it is to build something like Yahoo? Well, you're about to find out.”
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More from Nirav Tolia
Disclosure
Shopping.com forced Nirav Tolia to resign before IPO due to past controversies
“When you are a company that wants to go public, you want to be as unencumbered by controversy as possible, right? And the best thing for me to do at that point was to step away. Now, did I have a choice? No, not really. I mean, they kind of Asked me nicely to …”
Nirav ToliaSep 15, 2025▶ 16:42Nirav Tolia: Nextdoor. How neighborhood chatter went global
PredictionNot checkable as stated
Nirav Tolia predicts AI action platforms will completely replace multi-link search
“Particularly in a world of AI, where most consumers are going to go to one place, ask a question, and everything's going to be taken care of behind the scenes. It's not going to be, You go to Google, you get 15 links, you click on all of them, you hit back, yo…”
Nirav ToliaSep 15, 2025▶ 1:04:19Nirav Tolia: Nextdoor. How neighborhood chatter went global
Opinion
Nirav Tolia claims Google, Meta, Apple, and Amazon have failed at local
“I also think no one has won local. Google hasn't. Meta hasn't. Apple hasn't. Amazon hasn't, right?”
Nirav ToliaSep 15, 2025▶ 1:02:04Nirav Tolia: Nextdoor. How neighborhood chatter went global
“It took friendships, and it fractured them, and they've never been repaired.”
Nirav ToliaSep 15, 2025▶ 19:45Nirav Tolia: Nextdoor. How neighborhood chatter went global
AssertionContradicted
Tolia: NYC had zero billion-dollar consumer internet companies in the mid-2000s
“How many billion dollar
Consumer internet companies are there in New York?
And at the time the answer was zero.”
Nirav ToliaSep 15, 2025▶ 22:34Nirav Tolia: Nextdoor. How neighborhood chatter went global
Insight
Tolia: Online contributor communities only require a 1% participation rate
“Most of these contributor communities, Guy, Of a hundred users who visit, you only need one to contribute.”
Nirav ToliaSep 15, 2025▶ 26:44Nirav Tolia: Nextdoor. How neighborhood chatter went global
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