Read more in our article on SaaS product roadmap. The next stages in the project development are Minimum Marketable Product and Minimum Marketable Release. The experiment showed that the product would be in demand, and today Airbnb is one of the largest platforms for finding short-term rental housing. This is also an MVP in which the primary function was tested. In 2008, when renting a hotel or accommodation while traveling was a big problem, two enthusiasts decided to go outside the box and rent out their apartments via simple fax. Today, their product - Spotify - is valued at $21 billion, collaborates with major recording studios, and has an active audience of 50 million people. For example, Daniel Ek and Martin Laurenson launched a small service in 2006 with one function: music streaming. The usefulness of developing an MVP is proven by examples of large companies. This sequence of steps is not a strict rule but only an example or template from which you can build something of your own and unique. And do not be afraid to make changes: abandon some stages, add your own, etc.
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