It is crucial for you to build a robust minimum viable product; a lack thereof, is a guaranteed way to stagnate or fail. According to a report by CBInsights, 42% of startups failed due to a lack of market need for their product. 

 

To support you in building successful MVPs, venture capitalists are increasingly investing in MVP builder tools that offer templates, pre-built components, and other resources to expedite your MVP development process. These tools not only help you save valuable time and resources, but also increases your chance of success by ensuring that your product aligns with market demands and user requirements.