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ZEC $515.41 +1.57%
BTC $64,634.97 +0.71%
ETH $1,908.04 +1.84%
BNB $594.15 +0.12%
XRP $1.06 -1.10%
SOL $73.98 -0.04%
TRX $0.3273 +0.08%
DOGE $0.0700 -0.42%
ADA $0.1916 -0.83%
BCH $214.23 +0.16%
LINK $8.15 -0.12%
HYPE $56.72 +2.95%
AAVE $89.87 -0.59%
SUI $0.6901 -0.64%
XLM $0.1658 -2.30%
ZEC $515.41 +1.57%

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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