Look before you leap from listed to unlisted equities

First, gain some experience by investing in small- and micro-cap companies for longer tenures

Investing in listed and unlisted companies requires different levels of knowledge, research capability, and risk-bearing ability. An investor who is successful in the listed domain may not necessarily succeed when he ventures into the unlisted domain, or vice versa. Therefore, if you decide to make the transition, do so very gradually and after adequate preparation. 

Pros and cons of the unlisted domain

Over the past few years, successful exits have dominated cocktail conversations, with the focus being on unicorns (companies that have produced large multiplier returns for their investors). Many, who earlier stuck to the listed domain have been tempted