Dragonfly Partner: Kyle Samani's Exit Marks the End of the Dreamer Era, But the Era of Doers is Arriving

Odaily News Dragonfly Managing Partner Haseeb Qureshi posted on X, expressing sadness over Kyle Samani's exit from the industry. Because he, more than anyone, represents the changing of an era. Kyle was unruly and marched to the beat of his own drum; he almost believed that as long as he could refute the naysayers, he could make anything a reality. His departure is the most genuine sign of our industry's maturation — the true end of the Wild West era. Pioneers and the settlers who come later are fundamentally different; this is the law of human nature.

Haseeb added: "I remain very bullish on crypto. I know it's strange to say this amidst market turmoil, as people have little patience left for dreams that may take a decade to realize. The era of dreamers has ended, and the era of doers is arriving. This in itself is neither good nor bad—it simply is. Kyle leaving Multicoin does not mean the end of crypto venture capital; it's just the end of the beginning."