## Use of Proceeds

  
 USE OF PROCEEDS
 We estimate that we will receive net proceeds from this offering of approximately $           (or $           if the
 underwriters’ over-allotment option is exercised in full), based on an assumed initial public offering price of
 $          per share, which is the midpoint of the estimated price range set forth on the cover page of this prospectus,
 and after deducting estimated underwriting discounts and commissions and estimated offering expenses payable by
 us.
 Each $1.00 increase or decrease in the assumed initial public offering price per share of $          , which is the
 midpoint of the estimated price range set forth on the cover page of this prospectus, would increase or decrease, as
 applicable, the net proceeds to us from this offering by approximately $          , assuming that the number of shares
 of Class A common stock offered by us, as set forth on the cover page of this prospectus, remains the same and after
 deducting estimated underwriting discounts and commissions and estimated offering expenses payable by us.
 Similarly, each increase or decrease of 1.0 million shares in the number of shares of Class A common stock offered
 by us would increase or decrease, as applicable, the net proceeds to us from this offering by approximately $          ,
 assuming that the initial public offering price per share remains at $          , which is the midpoint of the estimated
 price range set forth on the cover page of this prospectus, and after deducting estimated underwriting discounts and
 commissions and estimated offering expenses payable by us.
 The principal purposes of this offering are to obtain additional capital to fund our operations, create a public
 market for our Class A common stock, facilitate our future access to the public equity markets, and increase
 awareness of our company among potential partners and employees. We currently intend to use the net proceeds
 from this offering, together with our existing cash, cash equivalents, and investments, for general corporate
 purposes, including working capital, operating expenses and capital expenditures. We may also use a portion of the
 net proceeds to in-license, acquire, or invest in complementary technologies, assets, businesses, or intellectual
 property. We periodically evaluate strategic opportunities; however, we have no current commitments to enter into
 any such acquisitions or make any such investments.
 We intend to use a portion of the net proceeds from this offering to satisfy tax withholding and remittance
 obligations related to the RSU Net Settlement. Based on the assumed initial public offering price of $           per
 share of Class A common stock, which is the midpoint of the estimated price range set forth on the cover page of
 this prospectus, an estimated                 shares underlying RSUs vesting in connection with our initial public
 offering, and an assumed           % tax withholding rate, we would use approximately $                to satisfy our tax
 withholding and remittance obligations related to the vesting of such RSUs. A $1.00 increase or decrease, as
 applicable, in the assumed initial public offering price of $           per share of Class A common stock, which is the
 midpoint of the estimated price range set forth on the cover page of this prospectus, assuming no change to the
 applicable tax rate, would increase or decrease, as applicable, the amount we would be required to pay to satisfy
 these tax withholding and remittance obligations by approximately $               .
 In addition, it is possible that in the future, we will decide to “net settle” additional RSUs upon the applicable
 vesting date, meaning that we will withhold a portion of the vested shares on the applicable vesting date and use
 some of the net proceeds from this offering to satisfy tax withholding and remittance obligations related to the
 vesting and settlement of such awards.
 The expected use of net proceeds from this offering represents our intentions based upon our present plans and
 business conditions. We cannot predict with certainty all of the particular uses for the proceeds of this offering or the
 amounts that we will actually spend on the uses set forth above. Accordingly, our management will have broad
 discretion in applying the net proceeds of this offering. The timing and amount of our actual expenditures will be
 based on many factors, including cash flows from operations and the anticipated growth of our business.
 Pending their use, we intend to invest the net proceeds from this offering in a variety of capital-preservation
 investments, including short- and intermediate-term investments, interest-bearing investments, investment-grade
 securities, government securities, and money market funds.

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## Dividend Policy

  
 DIVIDEND POLICY
 We have never declared or paid any cash dividends on our capital stock. We currently intend to retain any
 future earnings for use in the operation of our business and do not anticipate declaring or paying any cash dividends
 in the foreseeable future. Any future determination to declare cash dividends will be made at the discretion of our
 board of directors, subject to applicable laws, and will depend on a number of factors, including our results of
 operations, financial condition, capital requirements, contractual restrictions, general business conditions, and other
 factors our board of directors may deem relevant. The Revolving Credit Agreement contains restrictions on our
 ability to pay cash dividends on our Class A common stock. Our ability to pay dividends may be further restricted
 by agreements we may enter into in the future.

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