A minimum viable product is a version of a new product built with just enough features to be usable by early customers, who then provide feedback that guides further development. The term was coined by Frank Robinson in 2001 and later popularized by Steve Blank and Eric Ries. It functions as a form of experimentation that tests a business core assumptions about what customers actually want, helping teams avoid spending time on unnecessary work before those assumptions are validated. The approach is a central technique of the lean startup methodology, which favors validated learning over extensive upfront planning. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
Facts
Core PrincipleA product is built with just enough features to be usable by early customers, who then provide feedback that guides future product development. 1 Connections
Sources
1. Minimum viable product (Wikipedia)
Wikipedia contributors, Wikimedia Foundationlead paragraph, opening sentence
A minimum viable product (MVP) is a version of a product with just enough features to be usable by early customers who can then provide feedback for future product development.
History section, sentence naming Frank Robinson
The term was coined and defined in 2001 by Frank Robinson and then popularized by Steve Blank and Eric Ries.
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