Eric has worked at IVP for over decade. In that time, he has risen to be one of the true alpha generators of this storied VC firm that has a 43.1% IRR over their 39 year history and tens of billions in cumulative assets under management. Eric and Ryan cover a wide range of topics. No softball questions in this one: is tech in another bubble? How does IVP sustain returns even as their fund sizes continue to get bigger and bigger? That last question, in particular, creates dialogue about investment selection, how VCs in general and IVP specifically try to add value to the companies they support, and even the true definition of expertise (and how experts make it look so easy that it allures us mere mortals into underestimating how hard some tasks may truly be). Lots of wisdom to unpack in this conversation. Tune in.