It sort of did, though. Easier to define your own standards when you don't need consensus from peers, no?
In either case, I think it's funny to consider the Roman Catholic Church as "the parent company". It's a little dismissive of all other Apostolic Sees and sort of rewrites history a bit to imply that Roman Catholicism was the root of Christianity. Technically, you'd want to use the pre-ecumenical council of Jerusalem (year 50) and that nearly all modern Orthodox churches and the Catholic church share a starting date.