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Eric Byunn

Jun 25, 2026

1:00
Eric, what is the biggest mistake or hardest lesson you've learned as an investor? What's the story behind it?
1:06
Yeah.
1:07
I came to the investing business from operate-- from a series of operating roles where I've been a manager in a company.
1:14
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.
1:22
They are spending all of their mind share on the issues and problems of advancing their company.
1:28
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.
1:35
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.
1:49
Eric, can you tell us about an exceptional founder you've worked with and the specific thing they do that's unique?
1:55
I've been lucky across my, uh, career to work with so many great founders.
2:00
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.
2:08
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.
2:16
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.
2:28
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.
2:37
He and I don't always agree.
2:50
Hmm.

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