David Petraeus

If you don't want to have to kill or capture every bad guy in the country, you have to reintegrate those who are willing to be reconciled and become part of the solution instead of a continued part of the problem. And then, above all, the resources.

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.