ed: i am joined by sarah frier and vinod khosla. sarah, congratulations.s deal gives you roughly $700 million in proceeds. where will you use that, where does that take the company to? sarah: thanks for having us. nextdoor is already in one and three households in the united states. we are primed and ready for growth. what these proceeds do, they allow us to continue to grow new neighbors on the platform. we are a network effect business. it allows us to keep adding personalization. when you come as a neighbor, it makes you feel like home. and we want to keep investing in businesses, both small, local businesses through local communities, but also our proprietary ad tech stack. we also know that nextdoor is in every country around the world, so we need to get it there. ed: how does going global look for a company like yours? i wonder how that split between the developed and developing world market? sarah: if you look at today, 2021, we have leaned into the u.s., the u.k., australia, canada, the netherlands. in 2022, we will come back to the rest of europe

joining us to break down the state of the ecosystem coastal ventures founder vinod khosla.nt to know how you view this balance between these big tech plat for platforms creating opportunity in many cases, in the cloud are resources like infrastructure as a service, or with app stores, but then also taking away potentially opportunity by expanding into areas where third parties like the ones you invest in are growing what's the impact? >> this kind of ecosystem has always been the opportunity talking about here was created by amazon creating a lot of technology for itself. so this ecosystem of big players doing things that validates the opportunity is a constant battle in the startup ecosystem it won't be large enough to the amazon hadn't created something every one of its competitors wants. and so walmart, target, fedex, all of these people need the kind of tech amazon has created for itself, and it creates a massive opportunity for new integrated suppliers >> from your perspective, is it healthy is my question even if we have seen this cooperation from platform creators or

emily: all right, vinod khosla, thanks so much for joining us.g up, alexa, how about a new voice? we will find out who amazon has secured to become the new voices of the personal assistant. this is bloomberg. ♪ ♪ emily: a few other stories we continue to watch. facebook has seen a decline in female representation across its workforce. women made up 36.7% of staff by the end of june. that's actually down .3%. this is the first time that number has dropped since the company started publishing data. facebook says it is due to the social network's overall increase in technical roles, which is dwarfing recruitment for other types of jobs. england soccer star has criticized twitter, facebook and instagram for not doing enough to prevent the posting of racist messages on their platform. the 19-year-old player, along with two other teammates, started receiving racist abuse online after missing penalty shots in the world cup final lester can. twitter and facebook say they have been removing posts and disabling accounts since that game. amazon alexa is get

caroline: that is vinod khosla with next-door ceo sarah friar.nnovators in the world of decentralized finance. building synthetic versions of -- that have tracked -- other big stocks that have been created by the project mirror protocol and synthetics. they are now trading on blockchain's and they reflect the prices of the securities they track without any actual purchases or sales of the real stock. coming up, we hear from the finance u.s. seo on the regulatory scrutiny it's facing for its wild ride this year. crypto is staying on volatile at $33,000 for bitcoin. from new york, this is bloomberg. ♪ look...if your wireless carrier was a guy, you'd leave him tomorrow. not very flexible. not great at saving. you deserve better - xfinity mobile. now, they have unlimited for just $30 a month. $30 dollars. and they're number 1 in customer satisfaction. his number? delete it. deleting it. so break free from the big three. xfinity internet customers, take the savings challenge at xfinitymobile.com/mysavings or visit an xfinity store to learn how our swi