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BTC $74,736.58 +0.31%
ETH $2,338.53 -0.92%
BNB $674.09 -0.92%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $475.64 -1.29%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $1.03 -2.90%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

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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