The chief executive of family communication and tracking smartphone app Life360 says he is frustrated by its sluggish share price since its initial public offering on the ASX in May, but believes his message about start-up style investing for future growth, rather than quick profits, is starting to sink in with local investors.
Life360 was an important listing for the Australian Securities Exchange, as it marked the first time a well-known US tech platform bought into its plan to become a "Pacific Nasdaq" style global technology board.