Randi Zuckerberg Joins Life360’s Board of Directors
January 22 2021 - 9:00AM
Business Wire
Renowned entrepreneur, investor and creator of
Facebook Live to help advise global market leader in family safety
through its next phase of growth
Life360, Inc. (ASX:360), the leading safety and coordination
service for families worldwide, announced the appointment of Randi
Zuckerberg to its Board of Directors. Known for her work growing
Facebook in its early days from an intimate community to the global
social network it is today and for creating Facebook Live,
Zuckerberg will advise and help scale Life360 through its next
phase of growth.
“Similar to what we saw in the early days of Facebook, there’s a
strong need for people to connect with a more intimate group -- and
Life360 offers that intimacy for families and so much more,” said
Zuckerberg. “It’s exciting to see their success in the family
safety space, and I can’t wait to use my experience as a product
marketer, content creator and a mother to help the company reach
its full potential.”
An acclaimed entrepreneur, investor, bestselling author,
award-winning producer and mother of three, Zuckerberg is
passionate about the intersection of tech, media and families. She
has spent her career educating families through rich content on the
intersection of technology, safety and security.
“Randi’s deep experience with product marketing and scaling
social networks coupled with her content around digital safety for
families will be invaluable to Life360 as we continue to build the
first-ever family safety membership,” said John Philip Coghlan,
Board Chair of Life360. “We’re thrilled to have her and her fresh
perspectives on board.”
As the founder and CEO of Zuckerberg Media, Zuckerberg supports
current and future entrepreneurs through investment, mentorship,
and media. She has created award-winning content and experiences
that educate families and bring to light issues around digital
literacy and safety. Zuckerberg is the best-selling author of four
books, including two focused on family and children’s content Dot
Complicated (2015) and Dot. (2013), which turned into a successful
television show on Hulu and NBC. Zuckerberg also hosts a weekly
tech business show on SiriusXM called Randi Zuckerberg Means
Business. She has pioneered various projects around digital family
safety and literacy, including Sue’s Tech Kitchen, an online
STEM-focused educational program for children, and multiple other
television shows and theater productions. She has been recognized
with an Emmy nomination, two Tony awards, a Drama Desk Award, and a
Kidscreen Award. Zuckerberg is also a Non-Executive Director of
private financial and investing advice company, The Motley
Fool.
Visit www.life360.com to learn more about Life360. The Life360
app can be downloaded from the Apple App Store and Google Play.
About Life360
Life360 operates a platform for today’s busy families, bringing
them closer together by helping them better know, communicate with
and protect the people they care about most. The company’s core
offering, the Life360 mobile app, is a market leading app for
families, with features that range from communications to driving
safety and location sharing. Life360 is based in San Francisco and
has more than 27 million MAU located in more than 140
countries.
Life360’s CDIs are issued in reliance on the exemption from
registration contained in Regulation S of the US Securities Act of
1933 (Securities Act) for offers of securities which are made
outside the US. Accordingly, the CDIs, have not been, and will not
be, registered under the Securities Act or the laws of any state or
other jurisdiction in the US. As a result of relying on the
Regulation S exemption, the CDIs are ‘restricted securities’ under
Rule 144 of the Securities Act. This means that you are unable to
sell the CDIs into the US or to a US person who is not a QIB for
the foreseeable future except in very limited circumstances until
after the end of the restricted period, unless the re-sale of the
CDIs is registered under the Securities Act or an exemption is
available. To enforce the above transfer restrictions, all CDIs
issued bear a FOR Financial Product designation on the ASX. This
designation restricts any CDIs from being sold on ASX to US persons
excluding QIBs. However, you are still able to freely transfer your
CDIs on ASX to any person other than a US person who is not a QIB.
In addition, hedging transactions with regard to the CDIs may only
be conducted in accordance with the Securities Act.
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Kira Cooper Life360@thekeypr.com 415-299-1145
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