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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

Part of the hmu.ai extensive business and technology library.