Discussion

• @hosseeb Haseeb on x

  We just closed Dragonfly Fund IV at $650M. It's a big milestone, and yet, it's a weird time to celebrate. Spirits are low, fear is extreme, and the gloom of a bear market has set in. But here's the thing: we raised almost every single Dragonfly fund into bear markets. Fund I

• @tbpn @tbpn on x

  Dragonfly's @hosseeb explains why AI agents will use crypto rather than the traditional financial system: “You can see it right now on Moltbook. Agents are trying to find ways to pay each other for things. It's very primitive right now, but you can see where it's going.” “If I [v…

• @tarunchitra Tarun Chitra on x

  I hope that Haseeb and @HadickM can have the purple velvet suit swag in the Fund V pic that Bo has in this article — @tomhschmidt has to be the enforcer next time (also congrats!)

• @doveywan @doveywan on x

  8rys ago @hosseeb and i had a long night convo in a shabby sf bar, basically peer therapy “is crypto dead... should we still do this VC thing” I still remember the anxiety. bro make it through, and grow stronger, just more scars and better taste. Big Congrats to Dragonfly's new

• @thedefivillain Viktor on x

  You will get MORE coins launching at $5bn FDV with sub 10% float and you will be happy

• @0xsudogm @0xsudogm on x

  Dragonfly Fund IV Yes, we are quadrupling down on crypto ready to back the next generation of founders who will catapult crypto into a $10 trillion asset class and beyond

• @tomhschmidt Tom Schmidt on x

  2026. America's 250th Anniversary. The Year of the Fire Horse. The year that we officially announce that we've raised $650M for Dragonfly Fund IV! I could write a lot about what a pleasure it's been to work with @hosseeb, @HadickM, and Bo to back some of the best entrepreneurs

• @therollupco @therollupco on x

  If you think VC is cooked in crypto, Dragonfly just closed their fourth fund at $650 million during extreme fear. Rob breaks down why pulling this off during extreme fear isn't luck, it's pattern recognition. [video]

• @andyyy Andy on x

  🤯🤯🤯 Dragonfly just raised $650M. At a 2% management fee, thats $13M/yr in guaranteed fees paid to managers. Venture fund business model is undefeated. [image]

• @hadickm Rob Hadick on x

  Today we are incredibly excited to announce our oversubscribed $650mm fourth fund. It has been almost four years since @hosseeb and I initially started the discussions about me joining the @dragonfly_xyz partnership with him, Bo and @tomhschmidt yet it feels like different

• @zorkary Zackary Skelly on x

  Almost five years with this team. Every one gives me more respect for the people and the portfolio, more pride in the work, and more conviction in what's ahead. Grateful to be part of this.

• @murtuza_merc Murtuza J Merchant on x

  With $650M in fresh capital, @dragonfly_xyz is ignoring the noise and building the plumbing of the industry. They are betting on the sectors that actually have users: stablecoins and payment rails. The new shift is all about productivity. We are seeing the rise of yield-bearing

• @casatay Casey Taylor on x

  This @FortuneMagazine piece finally captures what makes @dragonfly_xyz different → https://fortune.com/... Props to @leomschwartz for getting it. Dragonfly's been the best-in-class crypto VC for years while still flying under the radar.

• @jprichardson JP Richardson on x

  Congrats to the @dragonfly_xyz team — @hosseeb, @tomhschmidt @HadickM & Bo Feng. Builders keep building.

• @ampingle_ Ari on x

  the best funds are typically raised during bear markets. You just saw this in AI during '22-'23 -> Andreessen's $7.2B, Khosla's $3.1B, Lightspeed's $7.1B, etc. etc. etc. funded some of the best companies today (OpenAI, Anthropic, their infrastructure, etc. a similar pattern is