Latest edition: 13 August 2026London — published continuously since 2026Free forever
The Founder Gazette
Startup news, held to newspaper standards
Founder tactics

A two-year waitlist, 2,000 names, and a decision not to grow

Decware builds low-power valve amplifiers slowly enough that buyers queue for two years. The waiting is the strategy, not the symptom.

By The Gazette desk13 August 202669

Decware makes triode stereo amplifiers. Anyone who wants one joins a list that currently runs to about 2,000 names across 11 pages, and waits roughly two years.

That is the account of the marketing writer Seth Godin, who owns one and rates it the best low-power stereo amp he has heard. He also calls it a bargain, which is his judgement rather than a published price comparison.

The interesting part for a founder is not the product. It is what the company has chosen not to do with the queue.

A backlog of 2,000 orders is the standard trigger for expansion. Hire, add a second shift, automate the fiddly steps, move some assembly to a contract manufacturer, and raise prices until demand and capacity meet.

Decware has not done that. Production stays at the size one small workshop can handle, and the list gets longer instead.

Godin's argument for why that works has three parts, and each is testable against your own business.

First, the people building the thing are not rushed. Output is set by what the workshop can do properly, not by a promised ship date.

Second, the operation carries less risk. A company that expands to meet a demand spike has to contract when the spike passes; a company that never expands has nothing to unwind.

Third, the wait itself does work on price. For a buyer treating this as the last amplifier they will ever need, two years of anticipation raises what the purchase is worth rather than lowering it.

The cost is real and it is paid in customers. Impatient buyers go elsewhere or find a used unit, and the company accepts that trade rather than trying to serve everyone.

Godin names the two hard parts plainly: making something people will wait for, and then having the nerve to make them wait. The first is a product problem. The second is a nerve problem, and it is the one most founders fail.

The practical test is narrow. If your backlog is made of people who want a specific thing only you make, a queue is pricing power. If it is made of people who want any thing and picked you because you were available, a queue is churn with a delay on it.

Decware has not published production figures or prices, so the economics of the choice cannot be read from the outside. What can be read is the structure: fixed capacity, visible queue, no discount for the wait.

The hard parts are: 1. making something people are willing to wait for, and 2. having the guts and commitment to make them wait.
Seth Godin