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BTC $75,698.02 -1.68%
ETH $2,343.25 -2.65%
BNB $624.42 -2.77%
XRP $1.43 -2.26%
SOL $85.91 -2.84%
TRX $0.3280 +0.43%
DOGE $0.0947 -3.50%
ADA $0.2487 -3.15%
BCH $445.43 -1.98%
LINK $9.27 -3.17%
HYPE $43.61 -2.95%
AAVE $94.58 -17.68%
SUI $0.9490 -4.98%
XLM $0.1712 -1.53%
ZEC $322.50 -4.67%

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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