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BTC $62,602.44 -1.33%
ETH $1,669.20 -1.83%
BNB $595.73 -1.52%
XRP $1.14 -0.33%
SOL $65.77 -1.12%
TRX $0.3260 -0.09%
DOGE $0.0852 -1.07%
ADA $0.1679 +1.49%
BCH $206.32 -10.33%
LINK $7.87 -0.85%
HYPE $62.94 +2.36%
AAVE $62.55 -2.00%
SUI $0.7442 -2.10%
XLM $0.2000 -2.82%
ZEC $451.13 +3.25%

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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