Minimum viable product (MVP) is one of the most important concepts in the process of building a software product. The concept was introduced by Frank Robinson in 2001. However, even after more than two decades since the term was introduced, and more than a decade that this concept is actively practiced in the tech world, the statistical data is still disappointing. About 90% of the startups end up with a failure.
Does "P" in MVP stand for "Product"?
Does "P" in MVP stand for "Product"?
Does "P" in MVP stand for "Product"?
Minimum viable product (MVP) is one of the most important concepts in the process of building a software product. The concept was introduced by Frank Robinson in 2001. However, even after more than two decades since the term was introduced, and more than a decade that this concept is actively practiced in the tech world, the statistical data is still disappointing. About 90% of the startups end up with a failure.