Re: Who should be the villain in an Avengers sequel? (Poll)
The end of Phase II will most likely be the Avengers disbanding because they lost, and at that point Maria Hill (who would be the new Director of SHIELD) commissions Ultron, to be built by Hank Pym, as their replacement.
So that could be what he means. I don't think IG and Thanos will be over and done with in A2 and at least one cosmic Phase III movie will deal with him, but I want a separate two-part Infinity Gauntlet epic AFTER Avengers 3.
So, A2 villain would be Thanos, A3 is Ultron, then separate IG movies with Thanos again.