This article is … ehhh We have been hearing the story of how valuable Arm is for some time. On paper and in theory this story is great but it seems like someth

This article is … ehhh We have been hearing the story of how valuable Arm is for some time. On paper and in theory this story is great but it seems like something has gone quite wrong along the way. If Arm is so desirable, why has it failed to locate an acquirer? Why so many botched deals such as the China IP deal? Why has it had to spin off its software division? Why has it decided to try to IPO in the middle of a terrible global recession? The most recent round of layoffs have been of an different nature than what has come previously. And this layoff was preceded by others before it. Something about this round of cuts feels desperate, last minute, unplanned and quite deep in nature. This is a company which seems to be having an identity and leadership crisis. The timing is also incredibly bad. They have decided to try to IPO in a bear market : recession. And to make this “bear market IPO” work, they have sawn off a leg and thrown it overboard. If everyone wants Arm, I don’t think it would be choosing THIS MOMENT to IPO. In the Mergers and Acquisitions world, a failed aquisition is “the kiss of death.” Having failed in a desperate gamble to sell the company to NVIDIA - we are now seeing the outcome: A highly undesirable and poorly timed tail spin into a poorly planned and badly formed recession IPO. Won’t be buying the shares of this one. The company is a single speed bump away from catastrophe in my opinion. These graphs which have been going up and to the right only need a single disruption to change trajectory. Personal opinion is Arm is on the cusp of disruption, having failed to exit, it is hard to imagine the luck lasting forever.