Ask HN: Why do many start ups have a "we launch soon" site?
If you have a viable product to show, promoting your site/service makes sense to me.
But why should you promote a site/service and all you see is a landing page that states "we launch soon"?
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[ 4.0 ms ] story [ 36.6 ms ] thread2) there are people who you have shared the name with; if they do type it into a browser, they should be reaffirmed that they remembered it correctly etc
<shamelessPlug>My startup, http://www.loggur.com, says we're launching soon but I actually did take a few weeks to describe it in as much detail as I can on the site. There are at least a dozen pages of details.</shamelessPlug>
However, you did hit the nail on the head; it's better to have a viable product to show or something to offer to potential customers/users in exchange of their email addresses.
Now - these people quite often want to know when you launch, and the best way is to give them the website address, so they can leave their e-mail address on it.
So: promoting a landing page? Makes no sense. But talking about the idea before you have a prototype - definitely!