It might say something that as Life360 shares resumed trading after a surprise $50 million placement to handpicked investors, founder Chris Hulls was squeezing in a visit to Taronga Zoo with his family between meetings with institutional investors and an online interview to spruik the $1.2 billion company to retail shareholders.

At first glance, it seemed an odd time for sight-seeing. The former local tech darling’s unexpected capital raising followed months of Hulls insisting there was no need for fresh capital, had been structured as an old-fashioned preferential placement, and included a wishy-washy statement about potential corporate interest.