One startup that’s been on my radar (which isn’t yet available in Canada) is Nextdoor. They describe themselves as a “private social network for your neighborhood” and are active in more than 22,500 American neighborhoods. To date they’ve raised $100M in venture funding.
From what I can tell, their primary focus (and big value proposition) has been around safety and security. Residents can use it to report incidents, such as a car break in. There are obviously other use cases, but I keep hearing this one come up. And I think it works because the community is so closely controlled. Every address is verified.
But a few things come to mind as I read about their success and growth (400% neighborhood growth over the past year). How many social networks can people handle? Why can’t this be done using an existing platform (and perhaps a closed group)? And is there an opportunity to create the same kind of closed social network for condo and apartment buildings?