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Extra Crunch’s top 10 stories of 2020

TechCrunch

I edited hundreds of stories in 2020, so choosing my favorites would be an exercise in futility. You need a minimum viable company, not a minimum viable product. ’ ” You need a minimum viable company, not a minimum viable product.

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Don’t Subtract - Restart to Find the Minimum Viable Product

SoCal CTO

Steve Blank wrote a great post recently entitled Perfection By Subtraction – The Minimum Feature Set where he explains the real goals around defining a minimum viable product: Founders act like the “minimum” part is the goal. Or worse, that every potential customer should want it. It’s a barrier.

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TechCrunch+ roundup: 5 pitch deck slides to fix, initial viable product, MLOps acceleration

TechCrunch

This is a fantastic time to found a startup, but unless you plan to bootstrap it, you will still need to go through the laborious exercise of crafting a pitch deck. Making the case for IVP: Initial viable product. As a concept, minimum viable product (MVP) has given founders maximum flexibility.

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TechCrunch+ roundup: No-code MVP strategy, hiring under scrutiny, A/B growth testing

TechCrunch

Building a minimum viable product once required engineering and design ability. 4 practical steps for using no-code to evolve your prototype to an MVP Image Credits: Luis Cagiao Photography (opens in a new window) / Getty Images Forget about dogs: No-code development tools can be a non-technical founder’s best friend.

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3 experiments for early-stage founders seeking product-market fit

TechCrunch

They went through multiple exercises to test the viability of new parents’ most pressing and urgent needs: Conduct a “Start with Why” exercise. Create a lean canvas for each (viable) concept. Sofia is Finnish) to an easier way to create Instagrammable baby pictures. Define the “Jobs to be Done”. Define the user journeys.

Marketing 233
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GV’s Frederique Dame on product-market fit: ‘You have one chance at a good experience’

TechCrunch

Until a company builds a growing base of customers who are deeply engaged with its products, asking investors for money is a largely egotistical exercise. After a startup reaches product-market fit, however, savvy investors might compete for a chance to participate.

Marketing 225
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How to Accurately Estimate Cost-to-Build: An App and Software Development Budgeting Guide

Praxent

We recommend conducting contextual inquiries, user interviews, or surveys to solidify your understanding of how and in what context people will be using your product. Product Strategy & Minimum Viable Product. Develop clear value propositions and a market strategy for the product.