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What's more valuable in the very early days: building an audience or building an MVP?

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I've heard varying opinions on this and have my own thoughts but I'd love to hear multiple sides of the argument from the community! While you're here, you can find me on twitter here:
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I think both are important and none of them could work out well without the other! You need an audience to get feedback as soon as possible, but you also need an MVP to be prepared if your audience says your product idea is not valid. A good idea is to build an audience for your personal brand and later on when you have a new MVP you can use the same audience to get feedback from.
How do you have a valid MVP with an audience?
If I had to choose one to focus on FIRST: building an audience. It's difficult to test your MVP and gather proper insights without an audience.
Both
MVP for sure.
Audience/target customers. Without them what's the point of building something?
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