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Nirav Tolia is an entrepreneur and investor best known for co-founding Nextdoor, a famous social networking software. Tolia, who was born in 1973 to Indian parents, spent much of his childhood in Odessa, Texas. He went on to get a BA degree from Stanford University and began his career as an employee at Yahoo.
Tolia joined the company in 1996, while it was still in its early phases of development, and his time there as an Associate Producer and Surfer provided him with vital expertise that he used later in his entrepreneurial career. Megha Tolia is Tolia’s wife. The couple has three kids together. Previously residing in San Francisco, the family now resides in Texas after spending almost two years in Italy.
Tolia’s financial acumen and entrepreneurial success were recognized, and he was requested to serve as a guest judge on the multi-Emmy award-winning reality series Shark Tank.’ His involvement in the hugely popular show has fueled online speculation regarding his net worth. But, before we get there, let’s have a look at his previous work.
What Is Nirav Tolia’s Source Of Income?
Tolia co-founded Epinions after working for Yahoo from 1996 to 1999. The consumer review site gave users a venue for first-hand appraisals of the things they were planning to buy. After being acquired by DealTime in 2003, the company merged to form Shopping.com. Tolia, who became the price comparison service’s Chief Operating Officer after the acquisition, was instrumental in its inception.
Shopping.com was acquired by eBay for around $620 million shortly after it went public. Tolia’s entrepreneurial career, on the other hand, had only just begun. He later founded Fanbase, a crowdsourced college athlete directory.
He had a lot of experience pioneering consumer internet enterprises by 2008, and then Tolia’s most ambitious endeavor, Nextdoor, came up. The hyperlocal social networking site swiftly gained popularity, and it soon expanded to other nations such as the United Kingdom, Germany, France, Italy, Spain, Australia, and the Netherlands.
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Nextdoor raised $123 million in mid-2019 fundraising, bringing the company’s total funding to well over $400 million since its founding. Tolia has created and launched numerous successful businesses, including Nextdoor. He is, however, not just an entrepreneur, but also an investor.
The ‘Shark Tank’ guest investor has invested in firms such as Stack Overflow, InstaEDU, IfOnly, and NextLesson throughout the years. Tolia’s great business ventures and wise investments have earned him millions of dollars over the years, returning us to the initial question: how much has Tolia earned in his decades-long career? Let’s find out more about it.
Net Worth Of Nirav Tolia
Nirav Tolia’s net worth is expected to be approximately $60 million in 2021. In early 2021, the wealthy entrepreneur apparently sold his San Francisco property for around $20 million. Because Tolia is still in his late forties and has a sizable sum of money to invest, it is assumed that an entrepreneur of his ability will invest wisely. As a result, we may expect his net worth to rise in the next few years.
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