Haseeb >|<@hosseeb
To set the story straight:
I agreed to join Dragonfly within a year of it starting, while the first fund was half raised. I had recently left Meta Stable, one of the biggest crypto funds at the time. I was not "hired." I came in as the third Managing Partner, with the understanding that the fund was not yet off the ground and that I was going to have to help raise it.
At the time, Dragonfly was a fund-of-funds with no brand in the US. It had never led a single deal. So when Bo and Alex invited me to join, I made clear: the only way I was willing to join was if we pivoted the strategy to pure play VC, doing direct investments, leading deals, and letting me build a technical team. This is totally different from a fund-of-funds strategy.
Alex resisted this; he thought fund-of-funds was a good hedge, but Bo and I overrode him.
Within less than a year, Alex was out. This was before our first fund was fully deployed. We're now on our fourth fund.
I have led the team, raised every single fund since then, for 7+ years. That's why it's infuriating to have Alex crawl out and try to take credit for our success. At the time that I joined, we had ~$55M of AUM.
We're now at $4B.
So, no. You did not build Dragonfly. Me, Bo, Tom, and Rob did.
But I understand Hack VC is trying to raise a new fund. Good luck with that—you might want to check out a blog post I wrote recently. I suspect you'll find it helpful.