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EM

Eric Migicovsky

10/13/18

@ Y Combinator

The best companies are those that don't require a lot of money to reach the MVP stage, allowing for quicker iterations and customer feedback.

Video

YC

A Conversation on Hard Tech with Eric Migicovsky

@ Y Combinator

A Conversation on Hard Tech with Eric Migicovsky

10/13/18

Related Takeaways

YC

Y Combinator Cast

07/13/24

@ Y Combinator

It's essential for founders to launch early with a minimal viable product (MVP) because the downside is low, and it allows for adjustments as the company grows.

MS

Michael Seibel

03/16/23

@ Y Combinator

The best advice for building a minimum viable product (MVP) is to launch something quickly, get it into the hands of customers, and iterate based on their feedback.

SA

Sam Altman

06/21/25

@ Y Combinator

The way startups win is when they can iterate faster than big companies and do it at a much lower cost.

MS

Michael Seibel

08/01/19

@ Y Combinator

Build a very lean MVP that can be developed quickly, ideally in weeks rather than months, focusing on the most critical features for your initial users.

YC

Y Combinator Cast

03/01/24

@ Y Combinator

Many companies fail to build an MVP, which is often seen as the first crucial step in creating a successful product.

T

Tiffani

09/18/18

@ Y Combinator

In the early stages, it's crucial to iterate quickly and maintain regular communication with customers to gather valuable feedback.

MS

Michael Seibel

11/29/18

@ Y Combinator

Many entrepreneurs mistakenly believe that they need to raise funds and outsource their MVP, but this often leads to expensive iterations and a lack of progress.

DH

Diana Hu

04/22/23

@ Y Combinator

In the early stages, it's often better to have the founders build the MVP themselves rather than hiring engineers right away.

MS

Michael Seibel

08/17/19

@ Y Combinator

In most consumer and B2B startups, you can build and launch a minimum viable product (MVP) in less than a month.