Exclusive: Crypto venture firm Dragonfly closes $650 million fourth fund—even as blockchain VCs face ‘mass extinction’

Qureshi started playing poker professionally at age 16, mostly sticking to online games because he wasn’t allowed in casinos. By the time he was 21, Qureshi had raked in almost $2 million, but he realized that he didn’t want to make the game his life. He made a bet with a friend that if he ever played another hand of professional poker, Qureshi would have to pay him $100,000. “That was my way of sealing off the decision for myself,” he told Fortune.The crypto venture ecosystem is going through a “mass extin ...