(1). An event that coincides with the launch of a particular product or service. While usually occurring weeks, if not months after said launch, it is a great reason to get drunk on the company’s dime and prepare for the inevitable downsizing of the development team.
“Hey everyone, we are having the launch party at Jamesons on 2nd. Mark, Joel and Melissa you guys should totally come! You were crucial to the development and it would be a great networking opportunity for all of you.”
(1). A last minute scramble to deal with an artificially-created emergency, usually occurring at approximately four o’clock on a Friday afternoon and whose successful completion results in zero thanks and several missed trains.