Can the Life360 stock price keep going?
It’s easy to look at tracking app, Life360, and think that it’s a little odd. Can this business keep up its success even thought Apple and Google offer these features baked into their devices for free? Let’s take a look.
When a tech company builds a business on a feature that Apple or Google might one day bake into their operating systems for free, investors start to get nervous. Just ask Dropbox (cloud storage), Evernote (cloud-based notes) or BlackBerry shareholders how their stock is going.
It’s raises one of the biggest and most persistent questions facing Life360 right now: can it sustain its user and revenue growth if tech giants move further into the location-tracking space?
What is Life360, anyway?
We talk about it a lot on…