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Silicon Valley star asks ASX investors to embrace growth before profit

Paul Smith

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.

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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com

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    Original URL: https://www.afr.com/technology/silicon-valley-star-asks-asx-investors-to-embrace-growth-before-profit-20190823-p52k6a