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Dragonfly Managing Partner Haseeb posted an article sharing his experience on "How to Build a Venture Capital Firm," stating that Dragonfly has completed fundraising of $650 million for Fund IV and currently manages approximately $4 billion. Subsequently, Dragonfly's former co-founder (now Hack VC co-founder) Alexander Pack publicly responded, stating that he and Bo Feng had co-founded Dragonfly more than a year before hiring Haseeb and had completed several significant investments, accusing Haseeb of "rewriting history" in the article. Haseeb then countered, saying that before he joined, "Dragonfly had never led any deals; in fact, it was a fund of funds."