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ZEC $510.10 +3.63%
BTC $64,121.09 +1.44%
ETH $1,895.65 +0.07%
BNB $602.29 -0.16%
XRP $0.9923 -0.81%
SOL $75.31 +0.06%
TRX $0.3310 -0.26%
DOGE $0.0698 -0.29%
ADA $0.1719 -2.41%
BCH $203.05 -0.75%
LINK $9.39 -1.04%
HYPE $59.14 +1.14%
AAVE $87.88 +1.63%
SUI $0.6693 -0.85%
XLM $0.1560 -1.19%
ZEC $510.10 +3.63%

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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