MVP (Minimum Viable Product)
The simplest version of a product that delivers core value and can be tested with real users.
An MVP includes just enough features to validate the core hypothesis and gather feedback, avoiding wasted effort on unproven features. It is central to lean startup practice — build, measure, learn — and helps founders reach evidence quickly and cheaply.
Examples
A startup launches an MVP with one core feature to test demand. — A no-code MVP validates a concept before any engineering.
How it relates to The Startup Foundry
Shipping an MVP and learning from it strengthens Executability and traction — both rewarded in the Investability Report.