The greatest obstacle to the welfare state is not greed but private charity that makes the welfare state irrelevant; the greatest obstacle to re-education of children in the name of the collective is allegiance to a higher power. More than that, the greatest obstacle to the state as god is an actual God above the state.
My venture investing career has three phases, all roughly 6-8 years long. The first, at Euclid, was software to Internet. The second, at Flatiron, was Internet to bubble. And the third, at USV, has been web 2 to mobile. I have always used a new firm to denote a new investment phase for me. Throw away the old. Start with the new.