When’s the right time to launch?

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Planning an upcoming beta release for a product and hope to get some engagement and feedback. After a beta release or a soft launch, what do you think the right amount of time is to launch? Don’t want to lose momentum but also don’t want go to early if beta is stale.
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I'd care more about usage than survey answers.

how do you gauge usage during a soft launch? Poll beta users and usability/eum metrics? The feedback loop should influence usage to capture features users would want. At least that’s the goal