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An acquihire is the implied alternative. I'm not sure why companies would ever acquihire when they could do this with the appropriate signing bonus.
by seizethecheese 11y ago
An acquihire is the implied alternative. I'm not sure why companies would ever acquihire when they could do this with the appropriate signing bonus.
- manigandham 11y agoBecause there are assets other than just the people. Code, network relationships, reputation, service contracts, company partnerships, IP, etc. There can also be non-competes, NDAs, security clearances, stock vesting and a multitude of other agreements to factor in.
- toomuchtodo 11y agoNon competes are unenforceable in California.
- detaro 11y agoI know, it is a shock, but tech companies are allowed to exist outside of California. Case in point: "© 2015 OYSTER - BUILT IN NEW YORK"
- FireBeyond 11y agoAssuming that the employees ever signed a Non Compete. Google has no onus to be fair to Oyster's investors. And let's be honest, if you become a challenge to the company to keep around, they'll have little loyalty to you. Why should the reverse be true? (usually)
- toomuchtodo 11y agoActually, honestly, it is a bit of a shock. I don't know many tech companies, if any at all, out of NYC.