In part 1 of our 2 part series on the Evolution of Venture Capital, Bill Ericson, Founding Partner at Wildcat, shared how industry dynamics have shifted to a point where the VC asset class now stretches the definition of “venture capital”.  With the current influx of non-traditional venture investors, coupled with the parallel growth in fund & round sizes, this will likely cause significant return compression over the next few years. So in part 2, we continue our interview with Bill, who discusses: Why early stage is better The importance of discipline and best practices Finding trapped value by solving massive problems Learn more, and find the complete show notes, at www.wildcat.vc Resources: Follow Wildcat Venture Partners on LinkedIn Follow Bill on LinkedIn  Visit Wildcat’s website Subscribe to Traction and Trapped Value: On Apple Podcasts On Google Podcasts On Spotify Traction and Trapped Value is produced by Flywheel Associates