Basic net loss per share is computed by dividing the net loss by the weighted-average number of shares of common stock outstanding during the period, less shares subject to repurchase. The diluted net loss per share is computed by giving effect to all potentially dilutive common stock equivalents outstanding for the period. For purposes of this calculation, redeemable convertible preferred stock, stock options, RSUs, restricted stock awards (“RSAs”), and early exercised stock options are considered to be common stock equivalents but are excluded from the calculation of diluted net loss per share when including them has an anti-dilutive effect. Basic and diluted net loss per share are the same for each class of common stock because they are entitled to the same liquidation and dividend rights.

The following table sets forth the computation of basic and diluted net loss per share (in thousands, except per share data):

	Three Months Ended June 30,						Six Months Ended June 30,
	2019			2018			2019			2018
Net loss	$	(644,239	)	$	(178,903	)	$	(1,782,712	)	$	(413,242	)
Weighted-average shares used in computing net loss per share, basic and diluted		288,372			21,088			156,647			20,566
Net loss per share, basic and diluted	$	(2.23	)	$	(8.48	)	$	(11.38	)	$	(20.09	)

The following outstanding shares of common stock equivalents were excluded from the computation of diluted net loss per share for the periods presented because including them would have had an anti-dilutive effect (in thousands):

	June 30,
	2019		2018
Redeemable convertible preferred stock (on an if-converted basis)		—		217,895
Stock options		6,443		14,779
RSUs		42,468		37,779
RSAs		157		—
ESPP		96		—
Early exercised stock options		—		5
Total		49,164		270,458