The bottom line
The most expensive software is a polished product built before the market was tested. Most assumptions about what users want and will pay for are wrong in some material way — and you only find out by putting a usable thing in front of real users. An MVP front-loads that learning at a fraction of the cost. Scoped correctly it answers a clear question: does the core loop create enough value to continue? That answer — yes, pivot, or stop — is worth far more than another feature on an unvalidated product.
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