And the thesis of almost all of venture capital, all of whom have made a lot of money on the insight and innovation of the past, but which has failed to created

And the thesis of almost all of venture capital, all of whom have made a lot of money on the insight and innovation of the past, but which has failed to created any new innovation of any significance. This should be better said as, "Fund fresh insight, to find fresh insight." And while that sounds tautologically obvious, almost no one is doing it.