deyan vitanov startup weekend presentation
TRANSCRIPT
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!
[email protected] WWW.DEYANVITANOV.COM