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ZEC $1,239.25 +9.34%
BTC $79,637.62 +1.41%
ETH $2,517.77 +1.52%
BNB $755.55 -0.33%
XRP $1.44 +3.52%
SOL $104.83 +1.74%
TRX $0.3392 +0.41%
DOGE $0.0911 +1.96%
ADA $0.2224 +2.01%
BCH $260.50 +1.86%
LINK $12.49 -1.50%
HYPE $86.46 +2.60%
AAVE $130.75 -0.17%
SUI $0.8269 +1.11%
XLM $0.1902 +0.07%
ZEC $1,239.25 +9.34%

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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