Investor Stories 481: Lessons Learned from Centana Growth, a16z, and Emergence: Trusting Management, Spotting Original Thinkers, and Investing Before Revenue (Byunn, Ulevitch, Saper)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified · Jun 25, 2026 · 5m

On this special segment of The Full Ratchet, the following Investors are featured:

Eric Byunn of Centana Growth

David Ulevitch of Andreessen Horowitz

Jake Saper of Emergence Capital

We asked guests to tell the most important lesson they've learned in their career.

The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area.

We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.

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