Bankless How to Become a VC with Haseeb Qureshi | Layer Zero
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Mar 22, 2022 
Haseeb Qureshi, managing partner at Dragonfly Capital, shares his unique journey from poker player to Web3 venture capitalist. He discusses the challenges of seed investment in gaming and the cyclical nature of crypto trends. Haseeb emphasizes the importance of building strong relationships and adjusting to market dynamics for successful investing. He also delves into the growth of Ethereum's Layer 2 ecosystem and the significance of timing in crypto ventures, offering insights into how aspiring VCs can navigate this ever-evolving landscape.
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Valuable Skills in Crypto Investing
- Crypto native investment talent is in high demand, leading to inflated salaries.
- Deal winners, who can secure large allocations and lead rounds, are highly valued.
Haseeb's Pitch to Founders
- Haseeb Qureshi's pitch to founders highlights his successful investments, token economics expertise, and global network.
- He emphasizes Dragonfly's ability to support companies from zero to one hundred and beyond.
Long-Term Value Creation in Crypto
- VCs prioritize long-term value creation in crypto, holding investments beyond lockup periods.
- Big money in crypto is made by holding valuable assets long-term, not short-term flipping.