We decide an idea on day 1, given people attending the batch. Based on that idea, in next 2–3 months we will build an MVP out of that — and we will approach that as I have approached that idea in real life scenario, as if a founder came to me with actual startup idea and I have to create an MVP for them.
Every day will consist of small micro decisions and tradeoffs that will shape the product. And that decisions — why we have taken it, what if we have gone other way — everything will be discussed.