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Perhaps a better name for MVP would be FVP: "Fastest viable product". The end goal is to get something in a customer's hands as quickly as possible. There is
by johnrob 13y ago
Perhaps a better name for MVP would be FVP: "Fastest viable product". The end goal is to get something in a customer's hands as quickly as possible. There is no reason for the product to be minimal (or cheap). Renting a plane and manually processing images is extremely expensive from a per unit perspective - but the more important feature is that it can be deployed quickly.
- vog 13y ago> Renting a plane and manually processing images is extremely expensive from a per unit perspective But the total cost is still low. This is a very important feature. In the article, this was about reducing the total costs of the MVP by about 90%. Replacing "MVP" with "FVP" would dismiss this important feature. Moreover, if your MVP is really minimal, maybe you don't need any investor at all to build it!