<?xml version="1.0" encoding="UTF-8"?><?xml-stylesheet href="https://feeds.captivate.fm/style.xsl" type="text/xsl"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0" xmlns:googleplay="http://www.google.com/schemas/play-podcasts/1.0" xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:podcast="https://podcastindex.org/namespace/1.0"><channel><atom:link href="https://feeds.captivate.fm/beneath-the-ticker/" rel="self" type="application/rss+xml"/><title><![CDATA[Beneath The Ticker]]></title><podcast:guid>d1b3aa49-b868-5de2-bf82-6939ea9790e1</podcast:guid><lastBuildDate>Tue, 14 Apr 2026 09:00:00 +0000</lastBuildDate><generator>Captivate.fm</generator><language><![CDATA[en]]></language><copyright><![CDATA[Copyright 2026 BTT]]></copyright><managingEditor>BTT</managingEditor><itunes:summary><![CDATA[Stripping away the daily market noise to uncover the true engines driving public companies. An deep dive into the business models, competitive moats, and financial realities of ASX listed companies]]></itunes:summary><image><url>https://artwork.captivate.fm/4aa1608c-75fd-44dd-aca9-a0ef6dba946c/BTT-Logo-1400x1400.png</url><title>Beneath The Ticker</title><link><![CDATA[https://beneath-the-ticker.captivate.fm]]></link></image><itunes:image href="https://artwork.captivate.fm/4aa1608c-75fd-44dd-aca9-a0ef6dba946c/BTT-Logo-1400x1400.png"/><itunes:owner><itunes:name>BTT</itunes:name></itunes:owner><itunes:author>BTT</itunes:author><description>Stripping away the daily market noise to uncover the true engines driving public companies. An deep dive into the business models, competitive moats, and financial realities of ASX listed companies</description><link>https://beneath-the-ticker.captivate.fm</link><atom:link href="https://pubsubhubbub.appspot.com" rel="hub"/><itunes:explicit>false</itunes:explicit><itunes:type>episodic</itunes:type><itunes:category text="Business"><itunes:category text="Investing"/></itunes:category><itunes:category text="News"><itunes:category text="Business News"/></itunes:category><itunes:category text="Business"></itunes:category><podcast:locked>no</podcast:locked><podcast:medium>podcast</podcast:medium><item><title>The Life360 Breakdown (ASX: 360) — Monetising Peace of Mind and the Local Network Effect</title><itunes:title>The Life360 Breakdown (ASX: 360) — Monetising Peace of Mind and the Local Network Effect</itunes:title><description><![CDATA[<p>On the surface, Life360 is just a family tracking app. But beneath the ticker, it is a sophisticated digital security ecosystem built on one of the most powerful, frictionless business models in tech: the Local Network Effect. </p><p>In this episode, we dissect how Life360 transitioned from a simple GPS utility into a global "super app" that monetises the anxiety of the modern parent.</p><p>We break down the coordination friction that locks families into the platform, their aggressive M&amp;A strategy (including the Tile acquisition), and the exact unit economics driving their push toward sustained profitability.</p><p><strong>What You Will Learn:</strong></p><ul><li><strong>The Origin:</strong> How Life360 evolved from a localised app to a global safety ecosystem.</li><li><strong>The Economic Engine:</strong> Why "Local Network Effects" create incredibly high switching costs that lock out competitors like Apple's "Find My."</li><li><strong>The Up-Sell:</strong> How the company successfully converts free users into high-margin Gold and Platinum subscribers using features like Identity Theft Restoration and Crash Detection.</li></ul><br/>]]></description><content:encoded><![CDATA[<p>On the surface, Life360 is just a family tracking app. But beneath the ticker, it is a sophisticated digital security ecosystem built on one of the most powerful, frictionless business models in tech: the Local Network Effect. </p><p>In this episode, we dissect how Life360 transitioned from a simple GPS utility into a global "super app" that monetises the anxiety of the modern parent.</p><p>We break down the coordination friction that locks families into the platform, their aggressive M&amp;A strategy (including the Tile acquisition), and the exact unit economics driving their push toward sustained profitability.</p><p><strong>What You Will Learn:</strong></p><ul><li><strong>The Origin:</strong> How Life360 evolved from a localised app to a global safety ecosystem.</li><li><strong>The Economic Engine:</strong> Why "Local Network Effects" create incredibly high switching costs that lock out competitors like Apple's "Find My."</li><li><strong>The Up-Sell:</strong> How the company successfully converts free users into high-margin Gold and Platinum subscribers using features like Identity Theft Restoration and Crash Detection.</li></ul><br/>]]></content:encoded><link><![CDATA[https://beneath-the-ticker.captivate.fm]]></link><guid isPermaLink="false">a490b684-5005-4143-82a7-83183249a683</guid><itunes:image href="https://artwork.captivate.fm/4aa1608c-75fd-44dd-aca9-a0ef6dba946c/BTT-Logo-1400x1400.png"/><pubDate>Sun, 12 Apr 2026 16:00:00 +1000</pubDate><enclosure url="https://episodes.captivate.fm/episode/a490b684-5005-4143-82a7-83183249a683.mp3" length="53698801" type="audio/mpeg"/><itunes:duration>37:17</itunes:duration><itunes:explicit>false</itunes:explicit><itunes:episodeType>full</itunes:episodeType></item></channel></rss>