Thanks for your feedback! Yes, the e is supposed to be a clock.
Here are a few different colors: #169, #170, #171, #172, #173, #174
And here are two with the e/clock in a different color and the tagline in the same color as the name: #175, #176
And here I tried to two versions with a narrower tagline: #177, #178
If you would like to see any other changes, just let me know.