While I'm at it, just thought I'd post a few points around the performance of the company / management personnel. Some here seem to think that only Peter and Anil are deserving of any additional rewards and that we haven't had much success otherwise, largely due to lack of shares.
I think it's worth considering the roles and responsibilities, followed by the results of the management (where it can be evaluated). This is just a quick summary of some highlights, which hopefully will outline some of the success the company has had recently. The point I'm trying to get at is
Sean Hehir:
Roles:
-Strategise / steer the ship.
-Listen to the market and customers, and use their feedback to revise the strategy
-Accelerate commercialisation
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Outcomes:
-Listened to customers. Accelerated the rollout of 8-bit IP and architecture. Sean said in the virtual investor conference that many customers requested 8-bit, and this also means that not only has our potential market has grown significantly but the growth rate has also been accelerated. Also has put some focus on developing pytorch (which most of our non-tensorflow customers would be using), which again further broadens our reach .
-Restructured the company to try accelerate the takeup of IP and accelerate development of new IP solutions (take a look at the new structure which I've posted an image of below)
-Driven the focus on ecosystems and partners
-Expanded the company at a realistic rate, when factoring in the global economy slowdown.
Rob Telson:
Roles:
-Develop ecosystems
Outcomes:
-Developed a large ecosystem of partners. A large number of important partners have been added over the past 12 months. Note that for those with zero awareness of ARM's strategy, they called their main customers "partners". The terminology reminds both parties that it's beneficial to help each other meet their goals. So when you read the word partner, it likely means more than just "partner".
Board:
Role:
-Provide guidance with the strategy, oversee the financial performance and make sure the company does what it needs to
Outcome:
-Company has developed a strategically sound strategy and has been fiscally responsible with their money consider the global economy. I'm sure Sean would like to hire more people, but with the limited staff they currently have I think they've made great achievements.
Sometimes I think people forget the value of having experienced ARM people on board. I'm not exclusively referring to ARM, but I presume many get what I'm getting at. Many of these people have been through similar experiences in other companies, which means they can help avoid any mistakes which were made the first time around and prioritise what worked well in their previous tenure. In our case we have many ARM executives who are likely worth their weight just from their opinions. They also bring extensive trusted contacts which further speeds up customer engagements and comfortability with using our products.
Excellent people are worth 5-10x an average person but pay usually doesn't scale in the same way. If the people we are hiring are enabling the company to make large improvements within a one year frame, it's likely to be a company wide effort
Pure speculation, DYOR
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