Cara Delevingne

I get a lot of girls who say, 'I just want to be a model so badly.' And I think: 'You can do better than that.' I mean, look, I do love it, I'm not saying anything bad about it, I just think you can do a lot more.

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.