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Dragonfly Partner: I don’t want to “step on the thunder” again to invest in the next FTX
2023-10-14 14:36:04
Odaily News Dragonfly managing partner Haseeb Qureshi talked about the SBF and FTX bankruptcy cases in an interview. He said that the venture capital has changed its investment methods because of the FTX incident, but there will still be problems in the encryption market in the future, although it may not be like FTX, because human nature is greedy, and as a crypto-native venture capital, all Dragonfly can do is no longer invest. Next FTX and ensure that the invested projects/companies do not become FTX. Haseeb Qureshi also said that investment giants such as Sequoia Capital, Tiger Global Fund, and SoftBank did lose money in their investments in FTX, but there are still crypto funds still active in the industry, and venture capital investors such as Paradigm and Pantera Capital have not left. (CoinDesk)