When I use products for business I expect some level of professionalism. It's way too easy to get hung out to dry with a critical piece of infrastructure and a dead company behind it. What they've done here with the vaporware and vanity posts is a classic misstep. It's not product or customer centered, the two things you absolutely must be to succeed in the enterprise world.
This is literally the company blog that we're commenting on, not their personal blog. There's also 3 posts on the HN front page about this same topic and not one of them has any substance. So yes, I'm going to stick with my decades of experience and say they're producing red flags far faster than they're producing product.
I'm very interested in how our industry operates, how purchasing decisions are made and how investors vet opportunities. This intersects all of those areas, I think it's probably worth listening to what people are complaining about instead of just lashing out at them. This isn't just me complaining for no reason, there's a lot wrong with this announcement and it doesn't lead to a healthy industry.