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There are quite a few VC institutions in this industry, but only a handful truly leave a mark in crypto history.
Recently, Dragonfly Capital partner Haseeb Qureshi published a lengthy article, in which he directly made a bold move—publicly naming what he considers the greatest VC institutions in the crypto space.
"Looking successful" and "truly great" are two different things. The core logic of Haseeb's article is this: many VC firms boast loud claims, quick fundraising, and numerous projects, but when it comes to those that have a profound impact on the crypto ecosystem and leave a mark in history, there are actually very few. His criteria for evaluation this time are not solely based on returns or fundraising scale, but on these institutions' contributions and foresight for the entire ecosystem.
This article has sparked quite a bit of discussion in the community—some agree, others want to see his full list. Regardless, this voice from top-tier investment firms somewhat reflects the changing definition of "truly great" in this industry.