In this week's episode, Dave continues a fascinating two-part interview with John Frankel, the founder of ff venture capital. When we left part 1 last week, John was just starting to describe a tech future with just a few behemoths owning the lion’s share of every market. This week, in part 2, Dave and John discuss how to find growth in a zero growth world and the potential down sides of tech shrinking the globe. Finally, they revisit John’s prognostications (from four years ago on this very show) about about the late-stage valuation bubble that we find ourselves in today and the implications on today’s early-stage environment.