Dragonfly Managing Partner: Missing out on Solana's seed round investment in 2018 was the worst investment mistake in history

Dragonfly managing partner Haseeb Qureshi posted on platform X, saying: "I missed Solana's seed round investment at a price of $0.04 in early 2018, which is equivalent to a return of 3250 times 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 deal I missed. Now re-reading this memo is simply the peak embarrassment of being a junior venture capitalist. At that time we were obsessed with 'Ethereum killers', consensus protocols, and what would replace EVM/eWASM. So here it is - the unedited version (i.e., his written memo) - the worst investment mistake ever made."