https://techcrunch.com/2024/03/01/nfxs-james-currier-will-break-down-mvps-at-techcrunch-early-stage-2024/

Everyone has heard of minimum viable products (MVPs), early versions of a future startup’s product that contains precisely what it needs to deliver value — and nothing more.

The tricky bit is sorting out what is required in an MVP and what is extraneous. Build too much and the resulting delay to market could limit learning, leading to wasted development cycles. Build too little, and you could go to market without enough product to actually engage with potential customers. Getting it just right is hard, but possibly very lucrative.