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XLM $0.1880 -1.29%
ZEC $1,182.26 +4.33%
BTC $78,795.27 -0.41%
ETH $2,496.44 +0.20%
BNB $751.95 +1.53%
XRP $1.42 +1.68%
SOL $103.69 +0.06%
TRX $0.3390 +1.19%
DOGE $0.0901 -0.32%
ADA $0.2180 -0.54%
BCH $258.50 -0.40%
LINK $12.46 -1.66%
HYPE $85.87 +1.61%
AAVE $129.13 -1.67%
SUI $0.8129 -1.63%
XLM $0.1880 -1.29%
ZEC $1,182.26 +4.33%

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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