Lost everything. I’m completely locked in
I’ve had a deeply disappointing experience with EquityZen. I invested a significant amount in shares of a private company through their platform. After holding the investment for years, EquityZen decided to stop supporting secondary transactions for that company. As a result, I have no ability to sell my position. The issue is that I’m completely locked in. I can’t exit the investment — not even at a steep discount, there is no mechanism available to do so because EquityZen chose to discontinue support for that company. The message I received was: “At this time you are not able to sell your investment. We will notify you if this changes in the future.” Effectively, my capital is frozen indefinitely. From my perspective, this has resulted in a total loss — not due to company performance, but due to platform limitations and unilateral decisions.
