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Corporate Finance: Core Concepts
MVP Development Cycles
Iterative build-measure-learn loops focused on creating and refining a Minimum Viable Product (MVP) to validate assumptions and achieve product-market fit. ✨
Article Points:
1
An MVP is the simplest version of a product that delivers core value and enables validated learning.
2
The development cycle is driven by the Build-Measure-Learn feedback loop.
3
Build: Create the MVP to test a specific hypothesis.
4
Measure: Collect data on user interaction and behavior with the MVP.
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Learn: Analyze data to validate or invalidate the hypothesis, leading to iteration or pivot.
6
The ultimate goal is to achieve product-market fit by continuously adapting to customer feedback.
Source:
MVP Development Cycles
MVP Development Cycles
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Source:
MVP Development Cycles
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