I cannot decide if I'm better off with an automation or else I'm just not meant to do if else formulas. I need to first check if a date field is not blank. If it is not blank, then I want to compare it with another date field. If it's later than other date field I want to show 'launch date moved out'. I know this formula is not comparing but it's what I ended up with (and it's not working)
IF({Original Launch Date} & "-"
THEN {Launch Date}>{Original Launch Date},'Launch Delayed')