Diddy's track record as an A&R at Uptown spoke volumes with Clive .......
because he seemed to stick to the blueprint of Artist Development that was beginning to become a "lost art" within the commercial formula based methods of the Urban Music Industry.....
The timing was great cause not only was Combs falling out with Harrell over creative differences....but Uptown because of Harrell's misguided decisions was on it's demise due to Harrell's lack of connection with the streets, that Diddy had as far as music i.e (mixtapes, r&b hip hop blends)
Combs had already made it known that he was looking to start his own imprint following his termination from Harrell in 93.....but based on relationships with other black music moguls such as LA Reid and Antonio "Babyface" whom founded the LAFACE label, he was cosigned by Face and Reid who basically vouched for him when meeting Clive Davis who was always eager to acquire and do business with Urban Imprints and Production teams , based on his earlier success with Laface records.
Being that Arista had "long pockets" due to not only it's succesful run over the years, but it's recent acquistion in 88 by international music distributor RCA/BMG which gave the greenlight to virtually anything Davis cosigned based on his long track record.
So the 50 million joint venture that Davis undertook with Diddy wasn't a difficult acquistion on both parts, and it proved to be succesful, based on Diddy being able to cash in on the investment with Davis profiting as well, giving Diddy further leverage to operate as a semi indy/imprint.