ZIRP, broken V1s, and the end of the MVP era

The Minimum Viable Product (MVP) model has become less effective in the post-Zero Interest Rate Period (ZIRP) era due to low capital, a saturated software market, and lower switching costs. Companies are now under pressure to release high-quality products from the start instead of focusing on rapid growth through MVPs. The MVP concept was initially useful for testing unknown markets but has become less relevant as fewer markets remain untapped by software. In this new economic context, founders need to either drastically lower quality or significantly raise it in their products.