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Is it ever a good time for a company to announce vaporware? Let’s discuss the pros and cons of pre-announcements, vaporware, and the strategy of products that may or may not ever exist. SHOW: 928 SHOW TRANSCRIPT: The Cloudcast #928 Transcript SHOW VIDEO: https://youtube.com/@TheCloudcastNET CLOUD NEWS OF THE WEEK: http://bit.ly/cloudcast-cnotw CHECK OUT OUR NEW PODCAST: "CLOUDCAST BASICS" SHOW SPONSORS:
SHOW NOTES:
IS IT EVER A GOOD TIME TO PRE-ANNOUNCE SOMETHING? OR VAPORWARE ON PURPOSE? - Russ Hanneman (Silicon Valley) - “No Revenue”
- Set a big ambition for the company
- Distract the market from current company challenges
- Distract your competitors to chase something where they don’t have strengths
- Probe the market for ideas - sort of like a “leak”
- Get the market to pump your valuation, so you can take other actions
- Stall your customers from potentially buying a competitive offer
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