Coin Edition -
- Solana founder Anatoly Yakovenko reflects on the journey that led to the creation of Solana.
- The Solana 6-year story comes amid SOL’s recent uptick to $75 from $18.
- After delivering hundreds of pitches, Yakovenko took months to secure $500k in angel investments.
Recently, Anatoly Yakovenko, one of the co-founders of Solana, took to X (formerly Twitter) to reflect on the journey that led to the creation of Solana, a crypto project that has now grown to a valuation exceeding $30 billion.
In the post on X (formerly Twitter), Yakovenko remarked that December 9 marks exactly six years since he embarked on the journey to secure funding for what would later evolve into Solana (SOL).
He revealed engaging in conversations with every contact in his network. He claimed to have attended numerous startup and crypto meetups and made a concerted effort to connect with as many individuals as possible.
Meanwhile, Yakovenko highlighted the challenges he faced in raising sufficient funds for Solana’s development during the early days. He mentioned that he approached the individuals he spoke to with conditional angel investment, contingent upon securing a lead investor, where they were uninterested in taking the lead.
Almost exactly 6 years ago I started the process to raise for what eventually became @solana. I talked to every connection I had, went to every startup and crypto meetup and tried to get in front of everyone that I possibly could. Even if they didn’t want to lead I would ask…— toly