Acronyms Dictionary
MVP
Definition
Minimum Viable Product. A version of a product with just enough features to be usable by early customers.
Deep Dive
An MVP is the most basic version of a new product that still solves a core problem for users. The goal of an MVP is to test a business idea and collect user feedback as quickly and cheaply as possible before investing in full-scale development.
Examples & Use Cases
- 1A startup launching a landing page and a simple manual service to test demand for an app
- 2Releasing a core "coding agent" before building out the full hmu.ai dashboard
- 3Using an MVP to prove a concept to investors and secure "Seed" funding
Related Terms
AgileBetaIteration