Turnover at Arcules

By: John Honovich, Published on Jan 24, 2019

Canon / Milestone are putting tens of millions into Arcules - their bet on the future of the VMS market (see IPVM's Arcules test report).

But over the past half year, Arcules has had a rocky road, with significant turnover including at the executive level. Is this self-proclaimed 'bold' company on the right path or has too much money too fast been a problem for the corporate spin-out?

arcules turnover

Inside this note, we examine:

  • The turnover at Arcules
  • Hiring trends at the company
  • Ex-Arcules startup
  • Arcules CEO resonse
  • 2 recent Arcules executive hires
  • Risks For Milestone
  • Difficulty of Spinout
  • Cautious Optimism

***** / ********* *** putting **** ** ******** into ******* - ***** bet ** *** ****** of *** *** ****** (*** ****'* ******* **** report).

*** **** *** **** half ****, ******* *** had * ***** ****, with *********** ******** ********* at *** ********* *****. Is **** ****-********** '****' company ** *** ***** path ** *** *** much ***** *** **** been * ******* *** the ********* ****-***?

arcules turnover

****** **** ****, ** examine:

  • *** ******** ** *******
  • ****** ****** ** *** company
  • **-******* *******
  • ******* *** *******
  • * ****** ******* ********* hires
  • ***** *** *********
  • ********** ** *******
  • ******** ********

[***************]

Turnover ** *******

******* ******** ** ******* ********:

  • **** ********** [**** ** longer *********] - "*** and *******", **** ****, who ********* ******* ** a "**** ******* *** visionary ******"
  • *** **** [**** ** longer *********] - ***, June ****
  • ***** ********** [**** ** longer *********] - ********* Product *******, **** ****
  • ****** ****** ***** **** laid *** ~******** ****
  • ***** ****** [**** ** longer *********] - **** of ********** *** *********, December ****
  • **** ****** [**** ** longer *********] - ********** Sales ******** ***** *******, December ****

** ****, * ** the **-******* ********* (*** former ***, *** *** principal ******* *******) **** started * *** ******* named******* ***, ***** ******* ** "********* *** ******* ** Cognitive ******* ** *********** Awareness", ****** ******* **** description, *******'* *** **** IPVM **** ***** *** be ********* **** *******, explaining:

** *** ** ******* mode, *** ** *** disclose *** ******* ******* information ** **** *****. We *** ******** * very ********* ******* *** I ** *** ******** being ** * *********** position ** ******* ** all.

** *** *******, ******** Insights ***** ***** ****** in **** **** ** mid-2018, **** ** ******* down *** **** ******** declining **** ********:

Arcules *** ********

******* *** ******* ********* [link ** ****** *********] explained ** ****:

******* ** **** ******* about ***** ** *** and ***** ** *** going **** *** *******, service, *** ****. **** industry ** **** *** innovation *** ** *** in *** ***** ***** at *** ***** ****.

** * ********** **** company *** **** ****** start-up, ** ********** ******* and ***** ** ******. Utilizing ********** ******** **** partners/customers ** ****** *** service ******** ** **** as *** ******* ******. We **** ******** ****** advisors *** *********** ** help ** **** ******.

** ** *** ******* on ********** *******, *** we **** **** ********* will **** *** **. It ** * *********** job ****** ** **********, especially *** ********* *********. We **** * ****** foundation **** *** ******* us ** *** ***** we *** ***** **** occasional ******* ** *** team *** ******** ***** the ***, ***** ** to ** ******** ** a ***** ******* ****** quickly ** * *** market. ** **** * strong ****** ******* *** company **** **** *** course.

***CTO *** *** ******* ** ********

******* *** ********** ***** include * ********** *** to *** ******** / surveillance ********: **** ***** [link ** ****** *********] as ***** ******* ******* and **** ********* [**** no ****** *********] ** CTO.

arcules turnover exec

*****'* **** ****** ****** experience *** ** * fractional *** *** ***** to ****, ** *** a ** ** ********* at ***** *** * decade. *********'* **** ****** listed ********** *** * years ** *** ** POPin [**** ** ****** available], * ******* **** 35 ********* ********* ****** on ******** [**** ** longer *********], **** ******** 'anonymous *************' ******** *** internal ******* **************.

******* ** **** *** any ***** ************ ******** experience *** *** ***** credentials, ***** ** ********** given *** ***** ** funding **** ******* ** drawing ****. ***** *******' aggressive ******** *** *** time ** ***** ** get **********, ** **** be *********** ** *** how **** ***.

Glassdoor ********** *******

******* *** *******'* *********** turnover, ** *** ************* ******* ********* ********** *** ***** ******* glowing ******** *******.

'****' ** ******* ** Arcules *******:

  • "**** *********, ****, ***-*****, cakes, *** ****** *** pose ****** *****, ********** for ******* *** ***** sweets."
  • "***** ** ****** ** much ***** *** **** available, *’** ********** ****** some ******. *** ** least ***** ** * nice *** ********** ****** the ********** **** ****** me ** ******** *** on * ***** ******."
  • "******* *** **** **** balls ***."

** * ****** *** report ********, "*** ********* ******** ***** Their ********* *******", **** ** *** unique ** ******* *** a **** ** ***** aggressive ********.

Relatively ****** *******

*** ** *** ********** that ******* *** ** because **** *** ********** so ************* ** ********* existing ********, *******' ***** offering ** *** ****** what * ******* ~*-****-*** startup ***** ** **** to ***** (*** **** **** ******* of *******). **** ***** ******* a *********** ********* ******* VSaaS ****** **** *** building ***** ******** ******** anew. 

** *** ***** ****, Arcules ***** *** ** compete **** ********* *** software, ********* ****** *********, rivals *****, *******, *** numerous ***** ****** *** providers.

Aggressive ******** / ***** **********

******* *** ***** ** aggressive ********, ** ********* by *** **** ****** in *** **** ** months *** ** *** company*** ********* ******:

***** *** ********* **** realized **** ******* ***** require ** ************* ****** of ********** *** ***** to ************ ******, *******, and ****** *** ********. In ***** ** ******** that ***********, ** *** to ****** *** *** company, *** ***** * dedicated ******** **** *** ground **.

**** ******** **** **** the ******** *** *** new *** * *** of ******** *** ********** about *** ******. **** has **** **** ***** is *** ******* ** building *** ***** ************. This ** **** **** clear *** **** *** outside ***, *** ********* of ****** ********** ***** Director ***** ******* ****** and *** ******* ** the ****** ***** ****.

*** **** ******* *** grow ******* ******* ** be ****, ***** **** the ***** ************** ********** and ******* ********* *** **********. Milestone ****** **** **** many ***** ** ********** slowly *******. ** ********, Arcules '***********' ****-**, ** the ******* *** ********* it ** **, *** be ********** ** *** more ********** ********* ****** in *** ***** ************ industry.

Risk *** *********

********* *** **** ******** **** Arcules' ********. ****** *** of *********'* ***** ***********, Milestone *** ******** ** release *** *** ***** offering, ********* ** ******* to ******* (************ ******** ********* **** Arcules). ** ******* ********, Milestone ****** ******** **** be ******** **** *** it **** ** ****** by *** ***** ** its ********* ** *******. However, ** ******* *********, Milestone ****** ******** *** be **** ******* *********** with ***** *** ***** with ********* *** ****** any ** *** *** VSaaS ** *****.

*******, ********* ** ********** some ** **** **** by *** ******* ********* mentorship ** ******* *** an **-********* ********, ******* Petterson [**** ** ****** available], *** ** *** Arcules ***.

Difficulty ** *******

*** ** *** ******** of ** ********* ******** out * *** ******* is **** *** *** company ** *** ******** or ********** ** *** ways ** *** *********. However, *** ** *** big ******** *** ********** is **** **** **** mature ********** - ****** engineering, *********, *** *****. Arcules, ** ******, *** none ** ****. ***, at ***** *** ***, they *** ****** ** figure ***, ********* *********, how ** ***** *** of ***** ** *** same ****.

Cautiously ******** *******

***** *****'* ********* *** long **** *******, ** are ******* ********** ******** about *** ****** *** Arcules. ***** * ******* / startup ** ***** ** have ******** ** **** through, **** **** ****** be ******** *** ******** and ***** ** **** things *** ***** **** have *** ******* ** a **** **** ********* product.

Comments (3)

* **** ***** ***** interview ******* ** *******... senior ******/********* ***** *********** by ****** ****** *** admins ** ******** ** entire ******* *********.  ** is **** ** *** some "**** *****" ** building ** ***** *********** may ** ******, ******* not ****** **********/*********** ** the ************ ******** ** not ***** ** **** them ***** ******.

******: ** *** **** 6 ******, ******* ********* has **** ****, ********* to ******** ********:

**** ** * *** surprising *** * ******* that ** *** *** of **** **** *** talking ** **** ***** hypergrowth.

*** *** ******* ********* has ******* ** *******:

**'* ******** **** **** will ******** *** ****, at ***** ** *** short ****, ***** ***** and ********* *** ****** this *** **** **** temporarily ** ******* *** a ******* **** **** year ***** *** **** bragging ***** ***********.

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