Wei-Weng Chen

Wei-Weng Chen asked to quantify how much faster the Nativo acquisition allows Life360 to move (years of development, cost avoided), Nativo's growth rate, and how to think about a forward-blended growth rate for the advertising business.

Answer

Russell Burke, CFO of Life360, stated Nativo's 2x revenue figure provides scale context. He emphasized the acquisition's value in Nativo's built platform, ad tech, publisher relationships, and infrastructure, accelerating Life360's roadmap by 12-18 months.

Wei-Weng Chen asked to quantify how much faster the Nativo acquisition allows Life360 to move in terms of years of development and cost avoided, and inquired about Nativo's growth rate and how to think about a forward-blended growth rate for the combined advertising business.

Answer

Russell Burke, CFO, stated that the acquisition accelerates Life360's roadmap by approximately 12-18 months, emphasizing the value of Nativo's built platform, ad tech, publisher relationships, and infrastructure. He clarified that the '2x revenue' comparison was to provide a concept of scale for the combined businesses.

In a follow-up, Wei-Weng Chen of RBC Capital Markets asked Co-Founder Chris Hulls to elaborate on the specific ways he believes Lauren Antonoff will be a better CEO for Life360's current stage.

Answer

Co-Founder & Executive Chairman Chris Hulls provided a thoughtful response, explaining that Lauren Antonoff excels at and enjoys the operational consistency and scaling processes required of a public company CEO, whereas his strengths lie in creative bursts. He praised her ability to hire top executives and thread the needle between scrappy innovation and scalable process, ensuring the company benefits from his vision with her superior execution.

Asked about the timeline for first revenue from the Hubble partnership, the nature of the product offering, the capital and effort required from Life360, the validation of the enterprise opportunity, and whether any Life360 insiders are personally invested in Hubble.

Answer

Executives expect first revenue from Hubble in 2025. The partnership leverages Life360's existing 66-million-phone finding network, not just Tile hardware, and requires minimal capital and engineering effort from Life360. The enterprise opportunity has been validated over years of consideration. Some insiders, including the CEO, are modest personal investors in Hubble, which will be fully disclosed.