There is a great framework (developed by Clayton Christensen) on when to spin-off a new venture - or whether to integrate a new acquisition. The framework focuses on "RPV" - Resources, Processes, Values. If the new venture differs on the P and V axis from the old one, you need different people and different mindsets - that would suffer if staying within the old one. Hence, to spin-off Arc makes a lot of sense and should probably have been done much sooner.
There is a great framework (developed by Clayton Christensen) on when to spin-off a new venture - or whether to integrate a new acquisition. The framework focuses on "RPV" - Resources, Processes, Values. If the new venture differs on the P and V axis from the old one, you need different people and different mindsets - that would suffer if staying within the old one. Hence, to spin-off Arc makes a lot of sense and should probably have been done much sooner.
Great stuff as usual Simon! Lots to think about here. Thank you.