4 ms·
I like the term MDP, For me I have always seen getting an MVP is the "I want to make money approach" where the MDP is the "I want to change the world approach.
by lettergram 12y ago
I like the term MDP,
For me I have always seen getting an MVP is the "I want to make money approach" where the MDP is the "I want to change the world approach."
Although, this obviously creates issues with investors, it seems the best companies are those that try to invent something new, as opposed to the next photo sharing app.
Unfortunately, many times this leads to the companies demise. Focusing on inventing as opposed to money can create a disconnect between company and users. That being said, I hope Ruxit can make it. I am impressed, and now that they have customers it seems the MDP strategy probably paid off!
- perlpimp 12y agoDell went private for this reason, I think this is great that companies realize that there are a number of ways to contribute to economy while creating meaningful progress. It seems that current IPO/VC based culture is similar to fast food culture of a ton of sugar, carb and fat that cannibalizes stability for quick energy/endorphin hit.
- vxNsr 12y agoDell went private because the other option was Michael losing control of his baby and it being broken up into pieces and sold.
- antr 12y agoDell basically delisted itself by buying out public shareholders with private equity money, which was primarily debt financed. This is far from the MDP concept mentioned, but simply a pure LBO play. I don't see banks financing "disruption".
- ska 12y agoI like the concept behind MDP, but not the term. Mostly this is because "disruptive" has become so hackneyed in the industry that its use has negative value to me.