How facebooks founders validate its value hypothesis


Problem 1: How did Facebook's founders validate its value hypothesis?

Problem 2: What is a leap-of-faith assumption?

Problem 3: Describe the following: (1) video minimum viable product; (2) concierge minimum viable product; (3) Wizard of Oz testing; and (4) innovation accounting.  Which one of these concepts most intrigues you, and why?

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