The deadline is approaching and we have this paper that might or might not be ready. Should we submit?
A lot can be learned only by going through actually paper review cycles. So it pays off to do our best to meet the deadline.
On the other hand, a bad submission might get its potentially good ideas scooped by the reviewers without receiving much useful feedback.
Thus, I recommend submitting only those with a reasonable chance of getting accepted but let the first author make the final call as the tie breaker.
A related post: why strong labs sometimes submit weak papers
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