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by khmel 4914 days ago
Problem with MVP is the loss aversion bias + limited resources that entrepreneurs have - often 'lean' founders choose idea that is close to existing business process \ customer habits or investment trends (this decreases risk to lose) and then 'pivot' changing small things - one thing at a time trying to get the new service. It works well for theatretical improvisation and business improvements, but will not put product away from existing trends. For the same reason, Silicon Valley is sometimes too trendy and short-sighted. Many big ideas emerged outside of the Valley and then came here to 'pivot'