He did not get exposed the way that other overhyped fighters have been (i.e., it’s not like he fought a wrestler and got a huge hole in his game completely exposed) but he was still handed his first pro loss by a 37 year-old welterweight who was 1-1 in the UFC.
MVP is super good, he’s got a unique and awkward style, so no disrespect to him there, but Shara Bullet was undefeated, he’s a big 185er, and he’s got nothing to offer other than his standup game, and he got beat at it.
All that being said, losing to MVP is one of those things where, even if you learn anything from it, you more than likely won’t ever fight another guy like him.
Frankly, this is about as fundamental a setback as it could possibly be for him.