Sometimes the intent of great quotes is lost over time; often, they are misinterpreted and misused because people apply them out of context. Reid Hoffman's quote - "If you are not embarrassed by the first version of your product, you've launched too late." - is an excellent example of the loss of intent.
This issue of #ThoughtsOnProgramming is just a friendly reminder that Reid's quote is not permission to cut corners, act recklessly, proceed without a clear plan and release crappy products.
Yes, time to market is essential, and we love getting value into the hands of our customers as fast as possible so that we can learn from their feedback and improve our product. However, once you've decided to build something (which is actually the most challenging part), do it to the best of your knowledge and use the appropriate tools for the job.
Do not compromise on quality!