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BTC $66,290.61 +0.95%
ETH $1,772.73 +3.24%
BNB $617.44 +0.35%
XRP $1.23 +4.33%
SOL $74.37 +4.38%
TRX $0.3178 -0.59%
DOGE $0.0876 -0.87%
ADA $0.1785 -1.01%
BCH $224.73 +5.76%
LINK $8.27 +1.15%
HYPE $72.93 +12.10%
AAVE $75.56 +7.79%
SUI $0.7905 -0.62%
XLM $0.2160 +14.21%
ZEC $526.04 +6.27%

Dragonfly Managing Partner: I missed the seed round investment in Solana, which is the worst investment mistake in history

2025-03-18 08:34:02
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ChainCatcher news, Dragonfly managing partner Haseeb Qureshi posted on X platform: "I missed the seed round investment in Solana at $0.04 in early 2018, which, at the current price, amounts to a 3250x return. Solana was one of the first projects I encountered as a junior venture capitalist, and at that time, I wrote memos for every missed trade. Now, rereading that memo, it’s simply the most embarrassing moment of being a junior VC. We were obsessed with 'Ethereum killers', consensus protocols, and what would replace EVM/eWASM. So, here is the unedited version (i.e., the memo I wrote) ------ the worst investment mistake of all time."

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