Let $X$ be a smooth projective variety over $\mathbb{C}$. Is there an ample line bundle $L$ such that $L^{\otimes m}$ is very ample, but $L^{\otimes(m+1)}$ is not very ample?
I expect such an $L$ to exist, though I have not been able to construct one. Of course, there is a threshold $M > 0$ such that $L^{\otimes m}$ is very ample for all $m \geq M$ (this is Matsusaka's theorem), but my interest is in the interval of $m$'s before this threshold is reached.
If this is true or false under different hypotheses (say, over a field of positive characteristic or by removing/weakening smoothness), I'd be interested to hear it!