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You want to understand the smallest feature set customers will pay for in the first release.

Patrick Vlaskovits
Marketing, Want, Pay
Brant Cooper, Patrick Vlaskovits (2010). “The Entrepreneur's Guide to Customer Development: A Cheat Sheet to the Four Steps to the Epiphany”, p.39, CustDev
You want to understand the smallest feature set customers will pay for in the first release.