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Simpson Thacher represented Evercore Group L.L.C. and Morgan Stanley & Co. LLC, as placement agents in connection with a committed PIPE financing of approximately $270 million of KVSB’s Class A common stock (the “PIPE”) as part of Nextdoor, Inc.’s (“Nextdoor”) entry into a definitive merger agreement with Khosla Ventures Acquisition Co. II (“KVSB”) (Nasdaq: KVSB), a special purpose acquisition company, that will result in Nextdoor becoming a publicly listed company. Upon the closing of the transaction, the combined company will be listed under the ticker symbol “KIND.”

Nextdoor’s purpose is to cultivate a kinder world where everyone has a neighborhood they can rely on. When Nextdoor was founded, it was apparent that despite technology’s ability to connect people and communities virtually across the globe, in actuality people had become more disconnected, especially in real life. Nextdoor was founded to leverage technology to enable real-world connection.