In this clip, Gareth Williams, the founder of Skyscanner, discusses the advantages and disadvantages of building a sophisticated first prototype as opposed to a simple minimum viable product as proposed by Eric Lies's concept of "The Lean Startup". He also elaborates on the importance of rapid hypothesis testing using productive feedback loops between changes in the product/service, the costumers response and subsequent alterations to the product/service in response. Connect with Gareth Williams: https://www.linkedin.com/in/garethjlw... About edventure: edventure is a student-led pan-European accelerator, building startups through a semester-long program. We share key tools and resources, organize epic events, workshops, and talks with experts - in collaboration with our amazing partners. The edventure brief is a podcast hosted by edventure, in which we will be uploading new podcasts every week where we spotlight some of the world's leading start-up founders and VCs to talk about their journeys and experiences in the field. We will also be sharing short clips and excerpts from the podcasts! Subscribe here for more of this content: null. Connect with edventure: Listen to our audio podcast on Spotify and Apple: https://anchor.fm/edventure Visit our website: edventure.vc Read some of our articles from The edventure blog: https://edventure.medium.com/ Follow us on Instagram: https://www.instagram.com/edventurevc/ Follow us on Facebook: https://www.facebook.com/edventurevc Follow us on LinkedIn: https://www.linkedin.com/company/edve... Follow us on Twitter: https://twitter.com/edventurevc Edventure book recommendations Start with why: https://amzn.to/3wMcYFs Exponential organizations: https://amzn.to/34HesES Bold, How to Go Big, Create Wealth and Impact the World: https://amzn.to/3pf0TWM The Power of Habit: https://amzn.to/3vRwlNb Venture Deals, Be Smarter Than Your Lawyer and Venture Capitalist: https://amzn.to/34LGRtE The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers: https://amzn.to/3vJzizn The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail: https://amzn.to/2RiEBXt The Lean Startup: How Constant Innovation Creates Radically Successful Businesses: https://amzn.to/3pf0TWM