"it's a feature not a product" – this is the perfect summation of Arc for me. I use it at home and enjoy it for a small set of its features, but it's barely a product, and I don't think it's a (viable) company.

What's the business model? Sell subscriptions to their AI stuff? No thanks. Sell me a browser for $40 per version with yearly releases? I'd probably buy that, but that's a 5 person indie software company not a 100+ person VC backed company.

This is probably why they're going back to the drawing board and putting Arc in maintenance mode.