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SOL $92.86 -0.38%
TRX $0.3187 -1.02%
DOGE $0.0746 -0.40%
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LINK $11.11 -0.93%
HYPE $84.35 -2.96%
AAVE $130.29 +1.32%
SUI $0.9013 +1.36%
XLM $0.1621 -2.15%
ZEC $1,272.04 +7.18%
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AMZN $261.32 +5.13%
GOOGL $284.26 +1.38%
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TSLA $377.17 -7.44%
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SPCX $132.00 -4.36%
MU $830.97 -4.05%
AMD $484.02 -0.49%

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

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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