I agree in general -- one should have utility for users to launch. But I suspect PG is seeing (many) more startups that do not release when they could ("we will

I agree in general -- one should have utility for users to launch. But I suspect PG is seeing (many) more startups that do not release when they could ("we will do one more iteration" to mean "we do not need to deal with users, ops, etc.") than those that release too early.