Nirav Tolia has developed and run a number of innovative, early-stage consumer online firms over the past 20 years. The largest local social network in the world, Nextdoor, was where he most recently held the positions of CEO and co-founder. He served as CEO from the company’s founding in 2010 till the end of 2018. Nextdoor was launched during that time in the following countries: the United States, the United Kingdom, Germany, France, Italy, Spain, the Netherlands, and Australia. 90% of American neighbourhoods have adopted Nextdoor, which has been adopted by over 220,000 communities worldwide.
Tolia worked as the COO of Shopping.com before joining Nextdoor, a company he helped build by combining Dealtime and Epinions, where he also held the positions of CEO and co-founder. Shopping.com was eventually purchased by eBay for $620 million after going public on Nasdaq. Prior to joining Epinions, Tolia started his career at Yahoo as employee 84.
Nirav Tolia Net Worth
Nirav Tolia is thought to have a net worth of $50 million. Nirav earns a living as the CEO, co-founder, and executive entrepreneur of the company. He became well-known due to his successful commercial ventures and investment know-how.
Due to his investments in several firms, Nirav has made a sizeable sum of money. Some reports state that as of 2023, his yearly income is $5 million. His main sources of income are his own businesses and entrepreneurial endeavours.
Tolia and His Nextdoor Funds
Tolia was Nextdoor’s CEO, and during his eight years in that role, the company grew. It was launched in a number of other countries in addition to the US, UK, France, Spain, Germany, Australia, Italy, and the Netherlands. $210 million was invested in Nextdoor’s funding round by Greylock Partners, Benchmark, Tiger Global Management, Allen & Company, Kleiner Perkins, Google Ventures, and other investors.
His Personal Life
The Shark Tank guest and Megha Tolia are parents to three children together. He decided to resign as Nextdoor’s CEO since he is very close to his family. He sold one of his San Francisco residences for $25 million.
About Shark Tank Season 13
The first two episodes of Shark Tank Season 13 featured Peter Jones, the first Dragon on the BBC’s Dragons’ Den, and Emma Grede, the CEO of Good American. The next episode will feature Tolia’s premiere. Kevin Hart, an entrepreneur and actor, will appear later in the evening along with Daniel Lubetzky, another frequent guest.
Regular Shark Tank contestants include Mark Cuban, Lori Greiner, Barbara Corcoran, Daymond John, Robert Herjavec, and Kevin O’Leary.
Nirav Toliac Career
Nirav started working with Yahoo as a team member. Eventually, he co-founded Epinions and developed a retail website. But finally, eBay bought his company. His main sources of income are his own businesses and entrepreneurial endeavours. In 2008, he opened his shop next door, and his business flourished.
He received $200 million to help him launch his firm. Eleven countries reported on his business idea to launch a private social network. He nevertheless left the company in 2018.