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But the obsession over MVP’s has gotten out of control, to the point where anyone who doesn’t have one can’t get the attention of investors. Well, here’s the kicker. There wouldn’t be a minimally viable product for Hyperloop. The Hyperloop requires hundreds of millions of dollars, perhaps billions, of upfront capital — without an MVP — before any users or revenues are gained.

More questioning about MVPs being the only way to build new businesses. In this case, it is a part of a bigger critique against what companies get funded overall. Worth reading.

Pathfinder

The Author

Björn Jeffery is a Swedish technology columnist, advisor, and independent analyst based in Malmö, Sweden. He is the technology columnist for Svenska Dagbladet and co-hosts a podcast for the newspaper. He was previously CEO and co-founder of Toca Boca, the kids’ media company that grew to over one billion downloads. Through his advisory practice, Outer Sunset AB, he works with companies on digital strategy, consumer culture, governance, growth, and international expansion.