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BTC $78,181.50 +1.42%
ETH $2,299.91 +0.76%
BNB $615.24 -0.37%
XRP $1.38 +0.59%
SOL $83.69 -0.46%
TRX $0.3284 +0.72%
DOGE $0.1076 -1.24%
ADA $0.2474 -0.57%
BCH $449.61 +1.34%
LINK $9.09 -0.81%
HYPE $41.36 +2.89%
AAVE $91.90 -1.19%
SUI $0.9165 +0.04%
XLM $0.1592 -0.03%
ZEC $382.32 +9.92%

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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