Dragonfly Managing Partner: I missed Solana’s seed round investment, which was the worst investment mistake in history

PANews reported on March 18 that Haseeb Qureshi, managing partner of Dragonfly, posted on the X platform: "I missed Solana's seed round investment at $0.04 in early 2018, which is equivalent to a 3,250-fold return at the current price. Solana was one of the first projects I came into contact with as a junior venture capitalist, and I wrote memos for every missed deal. Rereading this memo now is simply the embarrassment peak of junior venture capital. At that time, we were obsessed with 'Ethereum killers', consensus protocols, and what would replace EVM/eWASM. So, this is the unedited version (that is, the memo he wrote)-the worst investment mistake ever."

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Author: PA一线

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