I always thought that fail fast meant the following: # From there build the MVP (minimum viable product). I believe in launching with a small set of features

I always thought that fail fast meant the following: # From there build the MVP (minimum viable product). I believe in launching with a small set of features and learning from the market before you spend too much money building out a feature rich product or before you put serious capital to work. # If you validate that there’s a market then go for it! If you don’t believe that your product is resonating then pivot and find one! (taken from his bullets on "What is the right way to build a startup?") I really haven't seen any definitions of fail fast where it meant that you waste money, don't respond to the market, and wrap things up.