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ETH $2,314.02 +1.66%
BNB $623.17 +0.15%
XRP $1.38 +0.02%
SOL $84.17 +0.79%
TRX $0.3232 -0.15%
DOGE $0.1070 +8.42%
ADA $0.2490 +1.40%
BCH $451.70 +1.20%
LINK $9.26 +0.57%
HYPE $40.01 -0.03%
AAVE $95.45 -1.12%
SUI $0.9218 +0.22%
XLM $0.1616 -0.37%
ZEC $332.58 -0.20%

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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