A company filed for a $100 million IPO in May 2014 at a $3 billion valuation, reaching $78 per share in October 2014 which was triple the original offering price. In July 2014, the company's Q2 revenue was $244.6 million, up 38.1% from the previous year. The company was founded in 2002 after its CEO took a surf trip to Australia, growing from 8 employees in 2006 to 500 employees across California by 2014.