Earlier quoted context omitted.
I am a mostly happy user of Life360, not currently paying (but I have in the past). I would be more likely to pay real money for the service if it came with a contractual guarantee that by paying for it, my data would never get sold. Not even in aggregate, 'anonymized'. I like the service, I'm willing to be a customer, but I hate the privacy leak.
We are now on record that data from Tile and Jiobit will NEVER be sold. Period. Some of the other stuff on our data practices were highly sensationalized, and we have a privacy center that allows any user - free or paid - to opt in/out of any portion of our platform they don't like, even ads within the system. So this is something you absolutely don't need to worry about.
I'm now going on record as saying pink unicorns eat the cotton candy shed by the fairies which will NEVER stop.
Why should you being on record about data from your users be treated any differently to mine about pink unicorns? What consequence is there for you personally if you decide to flip that and say "Lol, I believed that at the time too but then we got an offer..." Would you personally go to prison for fraud, for example? Would you personally go bankrupt - against your will, like it or not?