deyan vitanov startup weekend presentation

A  Primer  on  MVPs  

Deyan  Vitanov  

About  Me  

Jacobs  (bachelor)  

Stanford  (MBA)  

PMG  Bourgas  

Startup  Weekend   www.deyanvitanov.com  

Vertigo  (?)  

CPP-­‐Home  (acquired)  

Philanthropedia  (acquired)  

About  Me  Startup  Weekend   www.deyanvitanov.com  

Synchronous  Multiplayer  Mobile  Gaming  

WWW.VERTIGOHQ.COM  

Startup  Weekend   www.deyanvitanov.com  

RoboRivals:  Angry  Birds  1v1  Startup  Weekend   www.deyanvitanov.com  

Company  <  >  Startup  Startup  Weekend   www.deyanvitanov.com  

“Acting  to  Get  Lucky”  

Hypotheses  Fast  

Validation  

In  a  highly  uncertain  environment,  the  smart  strategy  is  to  bet  small  but  often.  

Startup  Weekend   www.deyanvitanov.com  

What  is  an  MVP?  

The  fastest  and  cheapest  way  to  test  your  hypotheses  and  (in)validate  your  current  top-­‐of-­‐mind  risk.  

Startup  Weekend   www.deyanvitanov.com  

What  is  NOT  an  MVP?  

A  magical,  precisely  defined  product  feature  set  that  creates  a  successful  business.  Judgment,  

intuition,  and  luck  are  indispensable.      

Startup  Weekend   www.deyanvitanov.com  

RoboRivals  Example  1.  Engagement  

 2.  Retention  

 3.  Monetization  

 4.  Acquisition  

 Use  ANY  means  necessary  to  answer  these  questions  in  the  fastest  and  cheapest  way  possible.  

1/8/12   9/12/12  

doubling  every  6  weeks  

RoboRivals  Players  Startup  Weekend   www.deyanvitanov.com  

Engagement  (minutes/  player  /  day)  

Industry  average  (7.5)  

Angry  Birds  (10)  

RoboRivals  (17)  

Love  games?  We  are  actively  looking  for    

programmers  –  designers  –  analysts  to  join  our  founding  team!  

hello@deyanvitanov.com  WWW.DEYANVITANOV.COM