Avoiding financial mistakes: Tips from backing 450 startups

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February 16, 2026

Marvin is a Partner at Diaspora VC and was a Partner at 500 Startups, running the SF-based accelerator program. He invested in & worked with over 450+ Pre-seed & Seed stage startups.

Marvin spent 10 years at Yahoo, was a Commercial Director, and had P&L management experience there.

Fuel runs $500M+ in P&L for service companies like Endeavor. See it in action!

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In this episode, we cover:

How to define product-market fit

Methods of managing expenses before and after achieving product-market fit

Financial habits and relationships with money

Understanding startup valuations

The trade-off between time and money

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