Yes. Based on SEC regulations, you must hold your shares for one year before selling. That said, the private market is highly illiquid, and you should be prepared to hold your investment for a longer period of time. The average exit for a startup is around seven years, but it can often be longer.
How long do I need to hold my investment for?
I’ve been waitlisted. What does that mean?
Where can I find out what companies I can currently invest in through MicroVentures?
What is the typical investment minimum?
Can I transfer my investment to someone else?
Can I sell my investment?
Why haven’t I received an update on a company I’ve invested in?
Will I receive tax documents?
Will I receive shares or cash post-exit?
Will I be able to communicate with the issuer directly?
Articles in this section
How long do I need to hold my investment for?
I’ve been waitlisted. What does that mean?
Where can I find out what companies I can currently invest in through MicroVentures?
What is the typical investment minimum?
Can I transfer my investment to someone else?
Can I sell my investment?
Why haven’t I received an update on a company I’ve invested in?
Will I receive tax documents?
Will I receive shares or cash post-exit?
Will I be able to communicate with the issuer directly?