Y Combinator Startup Podcast

How to Build An MVP with Michael Seibel | Startup School

144 snips
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.
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ADVICE

Launch, Iterate, and Learn

  • Launch quickly and iterate based on user feedback.
  • Focus on helping initial customers achieve their goals with your product.
INSIGHT

The Value of Early Adopters

  • Early adopters expect imperfections and provide valuable feedback.
  • Don't fear negative feedback; iterate based on it.
ADVICE

Confronting Fear of Failure

  • Analyze your fear of launching an imperfect product; is your startup really going to die?
  • Don't let fear paralyze you, but don't act on it.
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