Minimum Viable Product (MVP)
Definition
An MVP is the smallest version of a product that tests the core value hypothesis with real users, built to learn rather than to scale.
How it comes up in fundraising
In 2026, AI tooling collapsed MVP costs so far that having one is assumed; pre-seed investors expect a live product, not a plan for one.
Frequently asked questions
How minimal should an MVP be?
Minimal enough to ship in weeks, complete enough that a user experiences the core value; everything else is deferred.
Is an MVP enough to raise on?
An MVP plus pull (a waitlist, engaged pilots, first revenue) is the pre-seed bar; an MVP alone rarely differentiates anymore.
Put this term to work
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