$DATI Angel Investors may just as likely hold on to their shares vs selling them because the collective value of the DATI's portfolio (the basket of startup equities) may easily outweigh their original investment in the single private startup. If they want to see a greater return or their principal back sooner, they will hold on to their positions as the basket grows in value; making them long-term shareholders.
http://www.thesultansofswingtrading.com/2017/...ublic.html
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Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!