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BTC $62,999.09 -0.58%
ETH $1,690.30 +0.25%
BNB $602.46 -0.19%
XRP $1.17 +0.98%
SOL $66.73 +0.67%
TRX $0.3264 -0.00%
DOGE $0.0863 +0.23%
ADA $0.1704 +2.96%
BCH $209.72 -8.20%
LINK $7.99 +1.07%
HYPE $63.30 +6.41%
AAVE $63.46 -0.05%
SUI $0.7553 -0.37%
XLM $0.2027 -1.61%
ZEC $457.48 +4.19%

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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