News Snapshot:
British venture capitalist Ian Osborne has brought in Nextdoor co-founder Nirav Tolia as executive chair of his investment group Hedosophia as it prepares for a fresh push into the US tech market next year. Tolia joins the tech-focused investor following the flotation of Nextdoor, where he was chief executive until 2019. The company’s shares surged 40 per cent in its first hour of trading in New York on Monday after merging with a special purpose acquisition company. Since he left Nextdoor, Tolia has been investing privately. He remains the largest individual shareholder in the neighbourhood social media site, which provides...
