Y Combinator Startup Podcast
How to Build An MVP with Michael Seibel | Startup School
Apr 14, 2023
Michael Seibel, YC Group Partner and startup guru, shares invaluable insights on crafting a minimum viable product (MVP). He emphasizes the importance of launching quickly and iterating based on user feedback, showcasing examples from successful companies like Airbnb and Stripe. Seibel also dives into identifying and solving urgent customer problems as key to effective MVP development. His practical advice encourages founders to prototype, test, and adapt their ideas to meet real-world demands, making the startup journey more informed and strategic.
16:52
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Quick takeaways
- Quickly launch an MVP to engage with customers, learn, and iterate based on real feedback.
- Start with a basic, fast-to-build MVP to address customer needs and overcome fears of imperfection.
Deep dives
Importance of MVP
Building a minimum viable product (MVP) quickly and launching it is crucial for startup founders. By getting a product into the hands of customers early on, founders can start learning what works and what doesn't. This process of iteration based on real user feedback is more valuable than extensive surveys and research. The goal is to engage with customers, understand their needs, and continuously improve the product through rapid iterations.
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