2/24/2018 S-1 Table of Contents TABLE OF CONTENTS Prospectus Page Prospectus Summary 1 Risk Factors 15 Special Note Regarding Forward­Looking Statements 43 Industry And Market Data 45 Use of Proceeds 46 Dividend Policy 47 Capitalization 48 Dilution 52 Selected Consolidated Financial and Other Data 55 Management’s Discussion and Analysis of Financial Condition and Results of Operations 57 A Letter from Drew & Arash 88 Business 92 Management 126 Executive Compensation 135 Certain Relationships, Related Party Transactions, and Other Transactions 150 Principal and Selling Stockholders 154 Description of Capital Stock 158 Shares Eligible for Future Sale 165 Material U.S. Federal Income Tax Consequences to Non­U.S. Holders of Our Class A Common Stock 168 Underwriting (Conflicts of Interest) 172 Legal Matters 182 Experts 182 Where You Can Find Additional Information 182 Index to Consolidated Financial Statements F­1 Through and including , 2018 (the 25th day after the date of this prospectus), all dealers effecting transactions in these securities, whether or not participating in this offering, may be required to deliver a prospectus. This is in addition to a dealer’s obligation to deliver a prospectus when acting as an underwriter and with respect to an unsold allotment or subscription. Neither we, the selling stockholders, nor any of the underwriters have authorized anyone to provide any information or to make any representations other than those contained in this prospectus or in any free writing prospectuses we have prepared. Neither we, the selling stockholders, nor any of the underwriters take responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. This prospectus is an offer to sell only the shares offered hereby, but only under circumstances and in jurisdictions where it is lawful to do so. The information contained in this prospectus is current only as of its date, regardless of the time of delivery of this prospectus or of any sale of our Class A common stock. For investors outside the United States: Neither we, the selling stockholders, nor any of the underwriters have done anything that would permit our initial public offering or possession or distribution of this prospectus in any jurisdiction where action for that purpose is required, other than in the United States. Persons outside the United States who come into possession of this prospectus must inform themselves about, and observe any restrictions relating to, the offering of the shares of our Class A common stock and the distribution of this prospectus outside the United States. https://www.sec.gov/Archives/edgar/data/1467623/000119312518055809/d451946ds1.htm 7/235