Dragonfly partner Haseeb Qureshi appears on a podcast to discuss crypto investment judgments
The podcast When Shift Happens released episode 194 on November 12, with Dragonfly managing partner Haseeb Qureshi as the guest. The episode description says this installment discusses his right and wrong investment cases, his current holdings, as well as projects he got into early, including Near, Ethena, Variational, Hyperliquid, Venice and Zcash, and mentions the Solana abandonment memo he wrote in 2018.
The episode timeline lists topics including: why AI feels like early crypto, investment selection methods, the Solana memo, the difficulty of entering venture capital, personal branding, bets on NEAR and Ethena, why Hyperliquid turned down investors, when to take profits, the crypto asset he is most bullish on (Venice), Zcash as insurance for Bitcoin, and Silicon Valley culture. This post is promotional for the episode and does not provide specific position sizes, return data, or independent verification.
Original sources:
Title: E194: @hosseeb - Is Crypto Still Worth It?
Posted by: Kevin Follonier (@KevinWSHPod)
Publication date: 2026-11-12
URL: x.com/KevinWSHPod/status/2120890118999531929
Source nature: Personal social media post (podcast promotion)
Verification status: The full original post and timeline were actually read for this report, verification date 2026-11-12
Supporting content: Supports the episode title, guest identity, the early-position projects mentioned, the 2018 Solana memo, and the full timeline topic list
ABAB AI Insight
The episode compares enthusiasm for AI investment with crypto’s early stage, which is a discussion framework between the host and guest rather than a verified conclusion about a market cycle. The mentioned “right and wrong cases” and “current holdings” are promotional wording; the specific content should be based on the full episode.
The 2018 Solana abandonment memo is singled out, reflecting the gap between the judgment at that time and later developments, and does not automatically constitute a standard for evaluating other projects. Zcash being described as “insurance” for Bitcoin is a specific risk-hedging perspective rather than a general pricing conclusion.
The podcast promotion itself does not disclose the fund’s actual position size, exit price, or regulatory status. The emphasis on projects such as Venice reflects the guest’s current preferences.
ABAB News · Laws of Cognition
The podcast’s juxtaposition of “early positioning” and the “abandonment memo” presents a post hoc correction of judgment rather than a repeatable rule for ex ante selection.
Describing privacy assets as insurance against other crypto assets is a risk-allocation statement that should be verified separately from actual holdings and hedging effectiveness.