How Minimal Is Too Minimal? | From Serial Entrepreneur to AI Law Founder

Verena and Simon tackle one of the most misunderstood concepts in the startup world: 𝗵𝗼𝘄 𝗺𝗶𝗻𝗶𝗺𝗮𝗹 𝗶𝘀 𝘁𝗼𝗼 𝗺𝗶𝗻𝗶𝗺𝗮𝗹 𝗳𝗼𝗿 𝗮𝗻 𝗠𝗩𝗣?With 𝟰𝟮% 𝗼𝗳 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗳𝗮𝗶𝗹𝗶𝗻𝗴 due to no market need, they unpack why so many MVPs fall apart not because the idea was wrong, but because the product never delivered enough value for users to care. Using 𝗔𝗶𝗿𝗯𝗻𝗯 𝗮𝘀 𝗮 𝗰𝗮𝘀𝗲 𝘀𝘁𝘂𝗱𝘆, they break down the three things every MVP needs to test properly: the 𝗰𝗼𝗿𝗲 𝘃𝗮𝗹𝘂𝗲 𝗮𝗰𝘁𝗶𝗼𝗻 users must be able to complete, the 𝗨𝗫 𝘁𝗵𝗮𝘁 𝗸𝗲𝗲𝗽𝘀 𝘁𝗵𝗲𝗺 𝗳𝗿𝗼𝗺 𝗱𝗿𝗼𝗽𝗽𝗶𝗻𝗴 𝗼𝗳𝗳, and enough functionality to capture real learning. Their takeaway - 𝘢𝘯 𝘔𝘝𝘗 𝘪𝘴𝘯'𝘵 𝘢𝘣𝘰𝘶𝘵 𝘣𝘶𝘪𝘭𝘥𝘪𝘯𝘨 𝘢𝘴 𝘭𝘪𝘵𝘵𝘭𝘦 𝘢𝘴 𝘱𝘰𝘴𝘴𝘪𝘣𝘭𝘦, 𝘪𝘵'𝘴 𝘢𝘣𝘰𝘶𝘵 𝘣𝘶𝘪𝘭𝘥𝘪𝘯𝘨 𝘫𝘶𝘴𝘵 𝘦𝘯𝘰𝘶𝘨𝘩 𝘧𝘰𝘳 𝘶𝘴𝘦𝘳𝘴 𝘵𝘰 𝘦𝘹𝘱𝘦𝘳𝘪𝘦𝘯𝘤𝘦 𝘵𝘩𝘦 𝘳𝘦𝘢𝘭 𝘷𝘢𝘭𝘶𝘦.𝗜𝗻𝘁𝗲𝗿𝘃𝗶𝗲𝘄: Simon sits down with 𝗡𝗶𝗰𝗸, 𝗳𝗼𝘂𝗻𝗱𝗲𝗿 𝗮𝗻𝗱 𝗖𝗘𝗢 𝗼𝗳 𝗚i𝘁𝗟𝗮𝘄.Nick is a serial entrepreneur who has spent over $𝟮 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗹𝗲𝗴𝗮𝗹 𝗳𝗲𝗲𝘀 across his career - and decided to do something about it. GetLaw is an 𝗔𝗜 𝗮𝗴𝗲𝗻𝘁 𝘁𝗵𝗮𝘁 𝗰𝗿𝗲𝗮𝘁𝗲𝘀 𝗮𝗻𝗱 𝗿𝗲𝘃𝗶𝗲𝘄𝘀 𝗹𝗲𝗴𝗮𝗹 𝗱𝗼𝗰𝘂𝗺𝗲𝗻𝘁𝘀, built for the 𝟵𝟬% 𝗼𝗳 𝘀𝗺𝗮𝗹𝗹 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 that can't afford a lawyer and currently rely on ChatGPT or whatever they have in their inbox.Nick shares how he validated GetLaw by 𝘴𝘩𝘪𝘱𝘱𝘪𝘯𝘨 𝘧𝘢𝘴𝘵 𝘢𝘯𝘥 𝘵𝘢𝘭𝘬𝘪𝘯𝘨 𝘵𝘰 𝘩𝘶𝘯𝘥𝘳𝘦𝘥𝘴 𝘰𝘧 𝘶𝘴𝘦𝘳𝘴, why he believes founders pitching investors without a prototype is no longer acceptable in 2026, and how AI tools like 𝗣𝗿𝗼𝗹𝗶𝗳𝗶𝗰, 𝗟𝘆𝘀𝘀𝗻𝗮 𝗮𝗻𝗱 𝗔𝗺𝗽𝗹𝗶𝘁𝘂𝗱𝗲 have collapsed the cost of user research from days of work to a few clicks.He also opens up about 𝗳𝗼𝘂𝗻𝗱𝗲𝗿 𝗮𝗻𝘅𝗶𝗲𝘁𝘆 in a world that moves faster than ever, why building has never been easier but going-to-market has never been harder, and the uncomfortable reality of competing with horizontal AI models that can now 𝘤𝘭𝘰𝘯𝘦 𝘢𝘯𝘺 𝘢𝘱𝘱 𝘪𝘯 𝘢𝘯 𝘢𝘧𝘵𝘦𝘳𝘯𝘰𝘰𝘯 - and his Yoda advice for new founders: 𝘶𝘴𝘦 𝘈𝘐 𝘢𝘴 𝘺𝘰𝘶𝘳 𝘮𝘰𝘴𝘵 𝘷𝘢𝘭𝘶𝘢𝘣𝘭𝘦 𝘤𝘰-𝘧𝘰𝘶𝘯𝘥𝘦𝘳, 𝘢𝘯𝘥 𝘴𝘶𝘳𝘳𝘰𝘶𝘯𝘥 𝘺𝘰𝘶𝘳𝘴𝘦𝘭𝘧 𝘸𝘪𝘵𝘩 𝘱𝘦𝘰𝘱𝘭𝘦 𝘸𝘩𝘰 𝘬𝘦𝘦𝘱 𝘺𝘰𝘶 𝘨𝘳𝘰𝘶𝘯𝘥𝘦𝘥.👉 Learn more: https://millionlabs.com/