How to Plan an MVP
Presentation, Transcript and Webinar, YC CEO and Partner Michael Seibel
Startup School 2019 MVP (Minimum Viable Product)
Some understanding of the problem is very helpful when building an MVP so please talk to your users before writing code.
Goal of a pre-launch startup: ● Launch quickly (MVP) ● Get initial customers ● Talk to customers and get feedback ● Iterate (improve the product)
Lean MVP (in most cases) ● Very fast to build (weeks not months) ● Very limited functionality ● Appeal to a small set of users ● Base to iterate from
Example 1: Airbnb ● No payments ● No map view ● Part-time CTO
Example 2: Twitch (Justin.tv) ● 1 channel ● Low res video ● No video games
Example 3: Stripe (/dev/payments) ● No bank deals ● Few features ● Founders would integrate it for you
Heavy MVP (in very few cases) ● Significant regulation (insurance, banking) ● Hardtech ● Biotech ● Moonshot
Launch simply means to start getting customers.
Learning from customers is easier with an MVP than without.
Hacks for building an MVP quickly ● Time box your spec ● Write your spec ● Cut your spec ● Don’t fall in love with your MVP!
Thank you :)