The startup culture celebrates an even lower bar, "not viable but appears to be minimum viable". Think of the fireside stories about launching e.g. an AI image recognizer, while secretly using humans to do the recognition.
And what do they all say? “We should have launched sooner.”
That’s what happens when the goal of the vast majority of startups is not to build an actual business. Their goal is to “get funded”. It just feels rotten.