Thank you for posting this! It's a brave move and I think other companies should do the same. One question for you: do you have any restrictions on the sale of

Thank you for posting this! It's a brave move and I think other companies should do the same. One question for you: do you have any restrictions on the sale of your stock by employees before the stock is liquid? Specifically, do you have any provisions that say the stock can't be sold without board approval before shares are publicly issued on an exchange? I've had friends burned by this in the past....they throw down 5-6 figures to exercise their options, pay the taxes, etc after two years with the company, then find that they can't legally sell the shares without board approval, which basically means they can't sell until the stock is publicly traded. It's been particularly painful in one friend's case because he tied up virtually all his liquidity for what he thought was a very temporary basis in exercising the options, and now has no clear timeline to monetization (company's last round was B, no IPO in sight).