E
Eric Byunn
2
APPEARANCES
1
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Jun 25, 2026
Investor Stories 481: Lessons Learned from Centana Growth, a16z, and Emergence: Trusting Management, Spotting Original Thinkers, and Investing Before Revenue (Byunn, Ulevitch, Saper)
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Nick MoranHOST
Eric, what is the biggest mistake or hardest lesson you've learned as an investor? What's the story behind it?

Eric ByunnGUEST
I came to the investing business from operate-- from a series of operating roles where I've been a manager in a company.

Eric ByunnGUEST
That lesson that was very hard at the beginning, and which I still have to remind myself from, from time to time is management is management.

Eric ByunnGUEST
They are spending all of their mind share on the issues and problems of advancing their company.

Eric ByunnGUEST
We as investors, it's-- it, it can be easy to kinda sit back and be like, "Oh, I have a clear point of view of this.

Eric ByunnGUEST
I've seen fifty companies in this space or in this category or in this situation, and you always have to do this." I just think that lesson is always you gotta work with, you gotta trust management.
Investor Stories 478: Visionary Founder Lessons from Poshmark, Centana, and EquipmentShare: Love, Listening, and Leadership (Chaddha, Byunn, Schlacks)
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Nick MoranHOST
Eric, can you tell us about an exceptional founder you've worked with and the specific thing they do that's unique?

Eric ByunnGUEST
Um, you know, a bunch of them have become close personal friends after, uh, after, uh, you know, we're longer-- no longer working together on a day-to-day basis.

Eric ByunnGUEST
What I think, um, is really in common across so many of them is, you know, often they have some root skill that they're great at.

Eric ByunnGUEST
You know, I have one founder that I've worked with that's, you know, across whatever thirty-something years in technology is probably the best technical engineering architecture mind I, I've ever encountered.

Eric ByunnGUEST
And yet he had, uh, this-- he has this amazing ability to sort of understa-- to, to listen and really engage on a number of fronts.