Part 5/15:
Casado offers insights into modern venture capital structures. His firm invests across a spectrum—from early seed funding to later-stage Series B rounds—often before products are even in the market, especially for experienced founders. The investment process involves evaluating team capabilities, market trends, and technological potential, sometimes based on visionary ideas rather than concrete financial metrics.
He notes that modern venture capital increasingly focuses on backing talented founders and disruptive ideas, akin to the excitement seen during the internet's early days. Yet, unlike the dot-com era, today's investments are supported by healthier fundamentals—large balance sheets, cash flows, and different market conditions—reducing immediate systemic risks.